We came across a bullish thesis on Micron Technology, Inc. on Techcache’s Substack by Joe Albano. In this article, we will summarize the bulls’ thesis on MU. Micron Technology, Inc.’s share was trading at $240.46 as of December 1st. MU’s trailing and forward P/E were 31.68 and 15.11 respectively according to Yahoo Finance.
Copyright: ralwel / 123RF Stock Photo
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States,...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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