Is Micron a Smart Play After AI Chip Boom Doubles Its Share Price?
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Curious if Micron Technology is a bargain or too hot to handle? Let’s break down what savvy investors are seeing right now.
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Micron’s stock has soared, up an impressive 16.1% over the last month and nearly doubling in price over the past year, though it dipped slightly by 1.7% this past week.
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Recent headlines around AI chip demand and breakthroughs in memory technology have kept Micron in the spotlight, fueling investor optimism. At the same time, ongoing supply chain conversations add another layer to what might drive future price swings.
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According to our valuation checks, Micron scores a 3 out of 6 for being undervalued, so there is plenty to talk about regarding how that number is reached. An even more insightful valuation…
