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Prediction: Micron Stock Will Return to All-Time Highs Soon

The Motley Fool·
Prediction: Micron Stock Will Return to All-Time Highs Soon

Micron Technology is positioned to reach new all-time highs soon due to strong AI data center demand for memory chips. With supply constraints expected to persist beyond 2027 and Wall Street projecting 84% revenue growth in fiscal 2027, analysts believe the stock could potentially double to over $2,000 per share, trading at a cheap 6.4x forward earnings multiple.

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