Micron Just Delivered a Huge Fourth Quarter. 3 Reasons the AI Stock Can Move Higher.
Key Points Micron breezed past fourth-quarter estimates. The tailwinds in memory chips remain strong. Micron also trades at a substantial discount to its chip stock peers. 10 stocks we like better than Micron Technology › Memory-chip maker Micron (NASDAQ: MU) has historically been one of the most cyclical stocks in the chip sector. Memory is prone to boom and bust cycles as inventory levels and prices fluctuate according to supply and demand. However, Micron has been one of the best performers i ...