zubee
04-26

$Micron Technology(MU)$ The most appealing thing about Micron stock is that it's incredibly cheap despite its strong performance. The trailing earnings multiple is 22, while the forward earnings multiple is even more attractive at just 8.

Micron Surges 5%+ to Lead Semiconductors: Can Rally Hold?
MU jumped +5.6% to ~$524, named alongside NVDA and SNDK as a top market winner, driven by sustained HBM demand from AI server buildouts triggering a valuation re-rating. Tight MU HBM3e supply and accelerating data center expansion confirmed by multiple cloud vendors continue to underpin the memory bull cycle. However, industry warnings are mounting: the semiconductor index's 18-session winning streak has ended, and profit-taking pressure is building at elevated levels. If Big Tech earnings disappoint on HBM procurement outlook this week, can Micron's $500+ valuation stand on its own?
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