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Why Micron Stock Was Rallying Today

TheMotleyFool

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Why Micron Stock Was Rallying Today: https://g.foolcdn.com/editorial/images/770126/tweezers-with-computer-chip.jpg

Shares of Micron Technology (NASDAQ: MU) were surging today after the memory chip specialist posted better-than-expected results in its fiscal second-quarter earnings report and gave strong guidance due to AI-driven demand.

As a result, the stock was up 15% as of 10:45 a.m. ET.

Image source: Getty Images.

Source Fool.com

Micron Technology Inc. Stock

Micron Technology Inc. gained 0.340% compared to yesterday.
Our community is currently high on Micron Technology Inc. with 74 Buy predictions and 5 Sell predictions.
As a result the target price of 119 € shows a slightly positive potential of 1.0% compared to the current price of 117.82 € for Micron Technology Inc..

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