The Market Is Wrong: 3 Reasons Micron's Stock Should Be Up, Not Down After Earnings
Shares of memory giant Micron (NASDAQ: MU) fell more than 8% last Friday following its late Thursday earnings release.But does the market have this one wrong?Micron has become one of the most important players in the artificial intelligence (AI) races over the past two years. While some legacy Micron businesses are currently in a downturn, investors may be taking too short term of an approach, missing the AI forest for the legacy market trees.Continue reading
Shares of memory giant Micron (NASDAQ: MU) fell more than 8% last Friday following its late Thursday earnings release.
But does the market have this one wrong?
Micron has become one of the most important players in the artificial intelligence (AI) races over the past two years. While some legacy Micron businesses are currently in a downturn, investors may be taking too short term of an approach, missing the AI forest for the legacy market trees.
