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Sep 24, 2026
15:12Globes
Micron Soars on AI Memory Demand as Wall Street Debates Valuation
Markets

Micron Soars on AI Memory Demand as Wall Street Debates Valuation

Micron Technology stock has surged over 560% amid booming AI demand for memory chips. Despite a massive market cap of $1.2 trillion, analysts highlight its low forward P/E multiple of 7, pointing to major upcoming catalysts and surging server demand.

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