Micron: Why The Stock's Valuation Suddenly Looks Cheaper? (Rating Upgrade)

Core Viewpoint - Micron's stock has doubled in the past three months, raising questions about its sudden popularity despite concerns regarding the AI bubble [1] Company Performance - Micron's stock performance indicates a significant increase, with a doubling in value over a three-month period [1] Market Context - The rise in Micron's stock comes amid growing concerns about the sustainability of the AI sector, suggesting a potential disconnect between stock performance and underlying market fundamentals [1]