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This Artificial Intelligence (AI) Stock, Up 28,700% Since Its IPO, Could Be the Biggest Bargain of the Decade
Micron's high-bandwidth memory and storage sales surge amid AI demand; stock trades at a forward P/E of 12, seen as a value opportunity in the chip market.
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This Artificial Intelligence (AI) Stock, Up 28,700% Since Its IPO, Could Be the Biggest Bargain of the Decade
Key PointsDemand for AI chips is surging and is expected to continue rising through the remainder of the decade.Hyperscalers are focused on procuring memory and storage chips in addition to general purpose GPUs.Micron Technology has benefitted from surging demand for memory chips, yet the stock trades at a steep discount.10 stocks we like better than Micron Technology › Wall Street's obsession with artificial intelligence (AI) stocks has helped …
·Alexandria, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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