The explosive growth of AI data centers has ignited unprecedented demand for NAND flash and other memory solutions, propelling Micron Technology (MU) from a stagnant performer to a market darling.
Over the past six months, MU’s stock has skyrocketed nearly 260%, fueled by an insatiable appetite for its high-capacity storage chips.
Yet, despite this momentum and a lengthy runway for expansion as hyperscalers build out massive data footprints, some investors remain on the sidelines. Samsung just gave those investors 100 reasons to buy MU stock now.
This post originally appeared at Money Morning.
