Why Micron Stock Was Moving Higher This Week
Shares of Micron (NASDAQ: MU) were among the winners this week after the memory-chip specialist benefited from general excitement about the chip sector and artificial intelligence (AI) with the start of CES earlier this week. The company also got a specific mention from AI leader Nvidia (NASDAQ: NVDA), which is using some Micron components in its new products.
According to data from S&P Global Market Intelligence, the stock was up 10.6% for the week through Wednesday's close. The market is closed today in remembrance of President Jimmy Carter.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Stock
€759.20
16.750%
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1294 € there is a hugely positive potential of 70.44% for Micron Technology Inc. compared to the current price of 759.2 €.
