Micron Rally: Overdone Or Justified By Memory Shortage? — SkimNews
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- Micron's stock rally looks overdone on the surface, according to Trefis, until the worsening memory chip shortage is factored into the valuation
- Barron's projects Micron stock could rise another 50%, while Yahoo Finance reports the memory boom is already showing up in chip prices, and Seeking Alpha frames Micron as 'winning by losing' the HBM race on NASDAQ:MU
Why it matters: The divide between Trefis's caution and Barron's 50% upside call hinges on whether Micron's memory pricing tailwind is already in the stock; for investors, the Seeking Alpha angle — that ceding HBM share to rivals may actually benefit Micron — reframes a competitive loss as a pricing win.
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