Micron Stock Rises 18% in Three Months: Will It Carry the Momentum?

Key Takeaways Micron Technology, Inc. (MU) has delivered a solid 17.8% gain over the past three months. This performance easily beats the broader Zacks Computer and Technology sector, which rose 12% in the same period. Micron stock has also moved ahead of several chip peers, including Marvell Technology, Inc. (MRVL) , QUALCOMM Incorporated (QCOM) and Intel Corporation (INTC) . While shares of Marvell Technology have risen 0.2% over the past three months, QUALCOMM and Intel have declined 2.4% and 13.8%, resp ...