Micron (MU) To Grow With A.I. Demand, Earnings Approaching

The MU stock is trading higher today after multiple analysts raised price targets. Cantor Fitzgerald analyst stated to not overthink the upcoming Micron earnings report. Other memory stocks include STX and WDC. Caroline Woods weighs in on whether MU will be a beneficiary of rising high-bandwidth memory share in cloud and of the 12% to 15% annual increase in DRAM requirements to support A.I. PCs and smartphones.

Morning Trade Live

17 Jun 2024

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