Micron – The US Memory Chip Giant Stabilizes After the Sell-Off, BofA Recommends Entry!

Micron recovers after the fall into bear market. BofA recommends buying with a price target of $1,550 and sees memory as a strategic AI building block. Risk: The US IPO of cheaper rival SK Hynix could siphon off capital. Recovery after the crash After a sharp price drop, Micron investors are regaining confidence: The stock of the US memory chip manufacturer is slightly rising. Previously, the share had plummeted from highs above $1,200 at the end of June, as investors doubted the sustainability of the AI spending that had fueled demand for memory...