MICRON TECHNOLOGY INC stock forum
Micron is trading at around 10x earnings, which is a steal given its critical role in the electronics ecosystem—especially in AI. Every chip needs memory, and Micron is a global leader in that space.
They just announced the first-ever memory chip designed specifically for use in space—an industry first. This innovation will likely attract major aerospace and defense players like Lockheed Martin, Raytheon, and GE.
At $110 and below, I’m loading up. It’s undervalued, especially after raising next quarter’s guidance to over $2.50 EPS. I believe a share buyback program and potential stock split could be on the horizon.
My 3–6 month price target: $175–$200.
Many investors don’t realize that NVDA, AMD, and Intel chips can’t function without memory—and Micron is among the top global suppliers.
Buy it.
Best of luck, everyone!
