Is Micron Technology Stock Still a Buy Near Its All-Time High?
Micron Technology(MU) The Motley Fool·2024-04-18 09:23The answer might not be what you think.Since the advent of generative AI a little more than a year ago, Micron Technology (MU -4.47%) has been in the spotlight. Excitement regarding Micron's future prospects has fueled impressive gains of 94% over the past year (as of this writing), putting the stock within striking distance of yet another all-time high.The company is a leading supplier of memory (DRAM) and storage (NAND) chips that are essential components in AI processing, making it a beneficiary of these ...