NasdaqGS:MUSemiconductor
Micron (MU) Stock Still Looks Cheap As Its Three Year Run Nears 13x
Micron Technology has turned a very strong three year share price run into a live valuation debate, with the stock up about 13x over that period while the broader checks point to a more mixed picture instead of a clear bargain or clear excess.
Micron has delivered roughly 1,310.6% over three years, which puts recent pullbacks into context and raises the bar for what needs to go right from here for new buyers.
Heavy investment in AI focused memory projects such as the new research labs and...