Micron Technology (MU) has reached a record high, closing at $295, driven by strong demand for AI data centers and robust earnings. The company's revenue soared to $13.64 billion, with an adjusted earnings per share (EPS) of $4.78.
Investor sentiment remains highly optimistic, with retail traders significantly contributing to the stock's momentum. The fear and greed index indicates extreme greed, reflecting Micron's impressive 250% year-to-date gain. Wall Street analysts have set price targets ranging from $275 to $500, underscoring the stock's potential for further growth.
Micron Stock Reaches Record High of $295 Amid AI Demand
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