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-2.80418384229015E-05 2.80418384229015E-05 0.000560836768458508 5.6083676845803E-05 -0.00288830935756156 -0.000813213314264941 0.0079077984352654 0.0145256723030762
Stock impact report

Micron: Like 2023 Nvidia (But Better) [Seeking Alpha]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Seeking Alpha
Micron's current situation mirrors that of Nvidia in 2023. Despite a 30x P/E, MU remains undervalued given the projected quadrupling of earnings and PEG ratios below 1. Risks include memory market cyclicality, heavy capex, and potential AI adoption slowdowns, but secular tailwinds remain robust. Looking for a portfolio of ideas like this one? Members of The Pragmatic Investor get exclusive access to our subscriber-only portfolios. Learn More » J Studios/DigitalVision via Getty Images Thesis Summary Micron Technology ( MU ) has appreciated by over 200% in the last 12 months. Demand for Micron's products has gone through the roof, as the new age of AI inference necessitates a lot more More on my IG service Macro moves markets, and this is what I do at The Pragmatic Investor Join today and enjoy: - Weekly Macro Newsletter - Access to our Portfolio - Deep dive reports on stocks. - Regular news updates Start your free trial right now! This article was writt Show less Read more
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