Where Will Micron Stock Be in 1 Year?
Investors have faced considerable difficulty owning Micron Technology (NASDAQ: MU). As one of the few makers of DRAM and NAND memory, the company has played a crucial support role in running semiconductor-powered hardware and ensuring the smooth function of software applications.
The semiconductor industry is also well known for its cyclicality, and the memory chip industry has experienced the most volatility. However, despite these extreme movements, Micron appears set to move higher over the next year. Here's why.
The investment case for Micron has changed because of the cloud and artificial intelligence (AI). These technologies have led to a sustained increase in the demand for digital memory.
Source Fool.com
Micron Technology Inc. Aktie
92,64 €
2,55 %
Die Community sieht Micron Technology Inc. leicht positiv: Mehr Buy- als Sell-Einschätzungen.
Für Micron Technology Inc. sieht die Community ein Kursziel von 123 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 92.64 € bedeutet.
