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Micron Stock Forecast: Windows 11 And Chia Crypto Miners Are Tailwinds For Micron

August 2, 2021

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

Summary

In spite of the 3-month price slide of -12.18%, Micron’s stock is still +46.7% since my July 28, 2020 buy recommendation.
Work-from-home and learn-from-home are still the new normal. More infectious variants of COVID-19 renew the pandemic tailwind for Micron.
Nascent Chia cryptocurrency mining is a very promising tailwind for Micron.
Windows 11 is a solid tailwind for the server and PC DRAM industry.
The low-margin-on-hardware smartphone success of Xiaomi and BBK Electronics is also beneficial to mobile DRAM vendors like Micron.