If you treat $Micron Technolog

If you treat $Micron Technology(MU)$ as a commodity and cyclical business, the share price calculation is 52 times 13.5, equalling 702. If you treat $Micron Technology(MU)$ as an AI chip maker, the share price calculation is 52 times 25, which is 1,300. Either way, and I have used a conservative PE in both approaches, the current price represents a significant discount to forward earnings. My rating is a strong buy.

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Comments

MadAndy
02-26 12:03
MadAndy
why 52?

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