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Why Micron Technology Is A Solid Investment For The Future Of Data Centers And AI
MUMicron Technology(MU) Seeking Alpha·2024-04-19 15:24
aeduard/E+ via Getty Images As of April 1, Bankrate highlighted Micron Technology (NASDAQ: MU) as the fifth-best performing S&P 500 stock in 2024, with a 38.1% return. Investors are optimistic that this cyclical memory semiconductor manufacturer may be near the beginning of a multi-year run higher because they are beginning to notice improvements in recent earnings results. The company reported second-quarter fiscal year ("FY") 2024 earnings on March 20; the results surprised analysts and investors. Ana ...