MU Stock Predictions: Why The Contest Between AMD And Intel Is Good For Micron
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 8th-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.