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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 0.590% compared to yesterday.
The stock is one of the favorites of our community with 94 Buy predictions and 4 Sell predictions.
As a result the target price of 137 € shows a positive potential of 29.66% compared to the current price of 105.66 € for Micron Technology Inc..

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