How Micron Technology Stock Gained 30% Last Month
Shares of Micron Technology (NASDAQ: MU) rose 30.1% in March 2024, according to data from S&P Global Market Intelligence. Chiefly, the maker of computer memory chips reported stellar second-quarter results, inspiring a 14% jump in a single day.
Micron's report was a game-changer -- but it wasn't exactly a surprise.
Several analysts posted bullish reports and raised their second-quarter expectations before Micron posted its numbers. Micron's exposure to memory demand in the artificial intelligence (AI) market pointed to strong chip demand.
Source Fool.com
Micron Technology Inc. Aktie
96,27 €
-1,98 %
Die Community sieht Micron Technology Inc. leicht positiv: Mehr Buy- als Sell-Einschätzungen.
Für Micron Technology Inc. sieht die Community ein Kursziel von 125 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 96.27 € bedeutet.
