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Stock impact report

Micron (MU)'s Quarter Was a Thing of Beauty, Says Jim Cramer [Yahoo! Finance]

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: Yahoo! Finance
Micron Technology, Inc. (NASDAQ:MU) is one of the most important firms in the AI ecosystem. It makes and sells memory chips that are used in NVIDIA's and other AI GPUs. As a result, Micron Technology, Inc. (NASDAQ:MU)'s products form a link at the back end of the AI supply chain. The firm recently reported its fiscal first quarter earnings report and posted $13.64 billion in revenue and $4.78 in earnings per share. The figures beat analyst estimates of $12.84 billion and $3.95. Micron Technology, Inc. (NASDAQ:MU)'s shares are up by a whopping 227% year-to-date, and since the earnings report, they have added 26.90%. The earnings report was followed by optimism from several analysts. For instance, Morgan Stanley bumped the share price target to a hefty $350 from $338 on December 18th and maintained an Overweight rating on the stock and called it a top AI stock pick. Cramer was excited after Micron Technology, Inc. (NASDAQ:MU)'s earnings as well, as he remarked that the firm “has a high Show less Read more
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