If AI Continues Scaling From Here, Micron’s Current Price Could Look Embarrassingly Cheap
Shares jumped 12% as Micron said AI customers are still short of memory supply and it began shipping its largest SSD.
3 Articles
3 Articles
If AI Continues Scaling From Here, Micron’s Current Price Could Look Embarrassingly Cheap
The post If AI Continues Scaling From Here, Micron’s Current Price Could Look Embarrassingly Cheap appeared first on 24/7 Wall St.. Quick Read Micron (MU) trades at $657 with fiscal Q2 2026 guidance of $18.70B revenue and $8.42 non-GAAP EPS, while gross margins expanded from 19% in fiscal Q2 2024 to 56% in Q1 2026 with Cloud Memory revenue hitting $5.28B at 66% margins, and the company is positioned as the only U.S.-based memory manufacturer g…
[Digital Daily Reporter Kim Moon-ki] Micron is strengthening its dominance in the memory semiconductor market amidst the artificial intelligence (AI) craze, including surpassing a market capitalization of $700 billion. According to industry sources on the 5th (local time), Micron's stock price surged 11%, exceeding a market capitalization of $700 billion (approximately 954.8 trillion won), driven by news of shipments of the industry's highest-c…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
