Prediction: This Is How Much Micron Stock Will Be Worth By the End of 2027
Micron has already surged 1,100% in a year and a half.
Overview
Micron Technology (NASDAQ:MU) has emerged as one of the leading players in this stage of the artificial intelligence (AI) story, and that has helped the stock skyrocket. Over the past year and a half, the maker of memory and storage has seen its stock price surge more than 1,100%. This is as demand for its chips has taken off, with the company delivering massive revenue and profit growth.
Meanwhile, the S&P 500 has climbed, even reaching record levels in recent days, but the pace hasn't been uninterrupted. Investors have worried about the depth of spending on AI infrastructure and whether it's sustainable.
Details
So, right now, you might be wondering about what's ahead for Micron stock. My prediction is it will reach the following level by the end of 2027...
Source
Originally published at www.fool.com.
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