Micron's tight memory supply, rising prices and AI demand point to more sales and profit growth. A strategist expects the stock to stay in a range after its rally, but that does not weaken the business outlook.
More buyers than available memory and limited new factory capacity could help Micron keep selling memory at higher prices. Analysts also expect strong data-center demand and higher profits. One strategist expects a smaller chance of another huge stock rise, but that is about share moves, not weaker sales or supply.
The article says Apple added more market value than Micron this year, but gives no new information about Apple's own business.
The article says Micron is a large holding in SOXX and fund flows can trigger automatic trading. It reports no actual fund flows or change in SOXX's outlook.
The article says Micron is a large holding in SOXQ and fund flows can trigger automatic trading. It reports no actual fund flows or change in SOXQ's outlook.
The article says Micron is a large holding in XNTK and fund flows can trigger automatic trading. It reports no actual fund flows or change in XNTK's outlook.
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