MU
🚀 Micron Technology is experiencing a significant surge, breaking the 200-day moving average barrier due to strong demand in the AI sector.
📈 The company is expected to deliver a very strong guidance for the next quarter, reinforcing the positive outlook.
💡 Micron’s performance highlights the increasing demand for memory solutions in AI applications, suggesting continued growth potential.
@bernardodegarcia:
“Micron is jumping. What a surprise! And I’m going to put FedEx here, I’m sorry. There we have FedEx falling 4%, terrible suffering. There we have Micron, meaning AI… you need AI, you need memory. How long have we been saying this? Catapum chispum! Micron already breaking the 200-day moving average barrier. Notice what a perfect curve. Well, there it is, 5% up, Micron. I suppose it will bring a very good guidance. I don’t understand how we are seeing so much power in AI and semiconductor stocks in general, which were a glory, are being maintained. I think the market is being a bit shy and is not buying the best stocks, the best companies—I don’t want to say stocks because stocks go up and down and, therefore, are entertaining—the best companies in the world. Revenue, new record. We expect the PC market to grow by single digits until 2025, and the growth will be mainly in the second half of 2025.”
In @bernardodegarcia’s video, viewers can see the exact part of the YouTube video where Micron is discussed:
View the video on YouTube.
Read more articles analyzing Micron Technology (MU) at the provided link. MU stock.
