Printed:
Micron Expertise shares are flying excessive for all the suitable elementary causes — however by one technical measure, they now look primed for a tough touchdown.
The memory-chip firm’s inventory
MU has been on a parabolic experience in current months and completed January with its largest month-to-month acquire since February 2000, which was simply earlier than the dot-com bubble popped. Rising demand, coupled with AI-driven provide shortages, have led to larger costs and earnings for Micron, in addition to for some memory-storage firms.
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