Micron Technology, Inc. (MU): A Bull Case Theory

We came across a bullish thesis on Micron Technology, Inc. on Investing With Purpose’s Substack. In this article, we will summarize the bulls’ thesis on MU. Micron Technology, Inc.'s share was trading at $156.83 as of September 25th. MU’s trailing and forward P/E were 20.66 and 11.20 respectively according to Yahoo Finance.

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Micron Technology (MU) sits at the convergence of a rare memory upcycle and a secular AI spending boom, a combination that can dramatically amplify profits through...