Earnings Outlook, A.I. Demand Critical to Continue MU's Massive Rally
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Earnings Outlook, A.I. Demand Critical to Continue MU's Massive Rally
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Micron (MU) has recovered significantly alongside other chip stocks after tapping 2-year lows last April. Nick Raich says a "beat doesn't matter" in earnings, suggesting the company needs a raise and other strong indicators of A.I. growth for its rally to continue. Frances Stacy says that could come from demand in customers like Nvidia (NVDA) for Micron's bandwidth memory chips.
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