This Comment From Apple CEO Tim Cook Supports Buying the Dip in Micron Stock
Tim Cook spent considerable time talking about memory prices during Apple's latest earnings call.
Overview
Micron Technology (NASDAQ: MU) designs and manufactures high-performance memory and storage solutions, with a particular focus on DRAM, NAND, and high bandwidth memory (HBM) that power everything from smartphones to the data centers driving artificial intelligence (AI) workloads.
Throughout 2026, Micron stock has soared on the back of unprecedented demand for memory chips as hyperscalers race to secure scarce supply. During the first half of the year, shares of Micron tripled before hitting an all-time high in late June. Then stock fell 26% from its peak and spent the last month recovering some of the lost ground.
Details
Investors are now asking whether this pullback marks the end of Micron's rally or a rare chance to buy the dip.
Source
Originally published at www.fool.com.