Is Micron Technology Stock a Buy Right Now?
Revenue is booming from surging memory prices.Micron Technology (MU 6.68%) is experiencing a significant surge in its memory business, which has driven its stock price up 85% over the last three months.Micron is a leading supplier of memory chips, including dynamic random access memory (DRAM), that is used in computers, phones, and increasingly data centers. DRAM is basically a commodity product and is highly competitive. The company's recent growth would suggest an opportunity for investors, but it depends ...