Micron’s stock is soaring over 200% this year, fueled by AI’s hunger for memory chips—DRAM, NAND, and HBM are in short supply, giving Micron pricing power and long-term contracts. The market’s shifting from cyclical to structural growth, with analysts projecting strong earnings and a potential P/E double, pushing the stock toward $2,000. This AI-driven boom positions Micron for sustained, explosive growth.
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