Will Micron Split Its Stock This Year?

Micron Technology's stock has pulled back 29% from its 52-week high despite strong financial performance, driven by investor rotation out of memory stocks. The article suggests a potential stock split could boost demand for shares currently trading around $900. Despite the recent decline, Micron remains an attractive investment given its stellar earnings growth (13x year-over-year), attractive valuation multiples (19x P/E, 5.5x forward P/E), and strong long-term demand from AI-driven memory shortages expected to persist beyond 2030.