Micron Just Revealed a Massive Multi-Decade Growth Opportunity. It's Not AI Data Centers. It Might Be Even Bigger.
The robots are coming -- and that's great news for Micron.
Overview
Micron Technology's (NASDAQ: MU) spectacular third-quarter earnings report last week shouldn't have surprised anyone. All the signs of a blowout quarterly update were in place well before the memory chipmaker announced its results. I predicted that the stock would soar after its Q3 update and was proven right -- but that didn't require Nostradamus-like prophetic skills.
There was more exciting news than the tremendous recent revenue and profit growth in Micron's latest earnings call, though. The company just revealed a massive multi-decade growth opportunity. It's not AI data centers. It might even be bigger.
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Details
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Originally published at www.fool.com.
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