Why Micron Stock Was Rallying Today

Shares of Micron Technology (NASDAQ: MU) were surging today after the memory chip specialist posted better-than-expected results in its fiscal second-quarter earnings report and gave strong guidance due to AI-driven demand.

As a result, the stock was up 15% as of 10:45 a.m. ET.

Image source: Getty Images.

Source Fool.com

Micron Technology Inc. Stock

The Micron Technology Inc. stock is trending slightly upwards today, with an increase of €0.46 (0.500%) compared to yesterday's price.
Currently there is a rather positive sentiment for Micron Technology Inc. with 106 Buy predictions and 5 Sell predictions.
With a target price of 123 € there is a positive potential of 32.05% for Micron Technology Inc. compared to the current price of 93.15 €.

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