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To be a Micron shareholder today, you need to believe that AI and data center demand for advanced memory like HBM will drive sustainable growth despite the cyclical, highly competitive nature of the semiconductor sector. The recent news, highlighting strong earnings, upbeat analyst estimates, and robust large-investor activity, reinforces the bullish thesis on AI-driven memory demand but does not materially change the biggest catalyst (AI-led memory growth) or the main risk: intensifying competition and capital intensity.
Among recent Micron announcements, the launch of HBM4 36GB samples is especially relevant; this cutting-edge product underscores Micron’s push into less commoditized, higher-margin advanced memory, strengthening its position in fast-growing AI infrastructure as cited in the recent news. This aligns directly with short-term optimism, though ongoing competitive pressures remain top of mind for many investors.
On the other hand, investors should be aware that fierce competition from major Asian rivals could...
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Micron Technology's outlook forecasts $51.4 billion in revenue and $10.3 billion in earnings by 2028. This projection relies on a 15.0% yearly revenue growth rate and a $4.1 billion increase in earnings from the current level of $6.2 billion.
Uncover how Micron Technology's forecasts yield a $147.53 fair value, a 18% upside to its current price.
Community fair value estimates for Micron span a wide range from US$71.28 to US$159.75, based on 38 different Simply Wall St Community perspectives. Given the sector’s tough competition and substantial investment needs, your view on Micron’s long-term margin potential could make a meaningful difference, review the varied opinions before deciding for yourself.
Explore 38 other fair value estimates on Micron Technology - why the stock might be worth 43% less than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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