Memorychips
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Sep 24, 2026
15:12Globes

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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