‘When Greed Is Good,’ Says Top Investor About Micron Stock
Micron’s (NASDAQ:MU) business and its share price have been going opposite ways for months. AI servers still take every memory chip the company can make, and its latest quarter beat Wall Street’s forecasts. Investors aren’t sure how long that can last, though, and the stock has been falling since the summer. The midterms added to the pressure. Democrats won both chambers of Congress, and investors now worry about a slower data center buildout. Even after a rebound, Micron now sits at $733.15, ab
Micron’s (NASDAQ:MU) business and its share price have been going opposite ways for months. AI servers still take every memory chip the company can make, and its latest quarter beat Wall Street’s forecasts. Investors aren’t sure how long that can last, though, and the stock has been falling since the summer. The midterms added to the pressure. Democrats won both chambers of Congress, and investors now worry about a slower data center buildout. Even after a rebound, Micron now sits at $733.15, ab
What's Your Reaction?
