Micron Technology Stock News

Micron Technologies is poised to benefit from increasing computing power moving from the cloud to your device.

Transformative technologies offer some of the most significant returns for investors. One area worth exploring is autonomous vehicle stocks.

In light of Micron Technology's (NASDAQ: MU ) high leverage to the ongoing AI boom, very rapid growth and low valuation, I recommend that investors buy the shares of the memory-chip maker. Also importantly, many on Wall Street appear to be quite bullish on MU stock despite its anemic valuation.

The stock market is currently experiencing a sharp downturn, with recession fears causing widespread panic among investors.

Micron: This Apple And NVIDIA Supplier Is An Undervalued AI Stock

Big Tech companies are spending huge amounts on artificial intelligence ( AI ) in efforts to benefit from deploying the technology down the road. According to The Financial Times, Big Tech firms increased their capital expenditures by 50% in 2024 to $100 billion in order “to build the infrastructure supporting artificial intelligence.

Micron's FMS 2024 presence highlights its AI product leadership in memory and storage from the data center to edge devices Micron's FMS 2024 presence highlights its AI product leadership in memory and storage from the data center to edge devices

BOISE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that company executives will participate in fireside chats at the following investor events: