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MU Stock Predictions: Micron Can Still Hit A New 52-week High This Year, Maybe $43

October 1, 2017

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

MU Stock Predictions

Summary:

Micron’s stock posted a new 52-week high price of $38.46 on September 28.
The big beat on Q4 ER numbers last September 26 is fueling a bull rush for Micron. I am betting MU can hit $42 before 2017 ends.
The short supply and high prices for DRAM and NAND will persist to 2018. Micron therefore has more upside potential. DRAM accounts for 66% of Micron. NAND is 30% of revenue.
An iPhone 8 Plus teardown confirmed that Apple is still using Micron mobile DRAM.
Micron is also a beneficiary of the high prices and tight supply of discrete GPUs caused by crypto-currency mining.

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MU Stock Predictions: Why The Contest Between AMD And Intel Is Good For Micron

August 22, 2017

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

MU Stock Predictions

Summary:

The intensified showdown between AMD’s Ryzen and Intel’s 8^th-Gen PC processors provokes people to buy new computer purchases or do upgrades.
Micron’s desktop and laptop DRAM sales benefits from a surge in new PC purchases and or upgrades.
DRAM contributes more than 60% of Micron’s revenue. PC DRAM prices continue to surge.
More people buying new PCs during surging DRAM prices are dual tailwinds for Micron.
MU has positive near, intermediate, and long-term algorithmic forecasts from I Know First.

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MU Stock Predictions: Demand for DRAM Will Positively Drive Stock

August 20, 2017

The article was written by Moises Meir, a Financial Analyst at I Know First.

MU Stock Predictions

Summary

Internal Strengths and External Opportunities Align
Micron NVDIMM-N Project
Micron Technology's Financial and Stock Performance
I Know First Bullish Forecast

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Micron Technology Inc: Long Way To Go

June 11, 2017

This article was written by Mingyue Liu, a Financial Analyst at I Know First.

Micron Technology Inc: Long Way To Go

In order for the United States to do the right things for the long term, it appears to be helpful for us to have the prospect of humiliation. Sputnik helped us fund good science - really good science: the semiconductor came out of it. (By Bill Gates)