Micron Technology is Buy on AI Growth, Tariff Tailwinds, and Bullish Patterns

Micron is well-positioned under the current US industrial policy. The $52.7 billion CHIPS Act is already benefiting companies with domestic operations. Since Micron is building new plants in Idaho and New York, it may receive a bigger share of subsidies and grants. This reduces long-term capital burden and strengthens Micron's competitive standing against Asian peers who are just beginning their US expansion. Investors may view this favorably, supporting the stock price in anticipation of better margins and ...