Micron (MU) Receives Buy Rating Amid Surge in AI Demand

Reported about 13 hours ago

Micron Technology, Inc. (NASDAQ:MU) has recently earned a 'Buy' rating from analysts, including Christopher Danely from Citi, due to strong demand for its DRAM and NAND products in the datacenter sector, which are critical for AI applications. Following the reversal of the Biden-era rule on AI chip exports, Micron's position strengthens as U.S. lawmakers propose a bill aimed at enhancing chip export security. While Micron is recognized for its potential, some analysts believe there are other AI stocks with even greater upside potential.

Source: YAHOO

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