📰 Micron stock rebounds 5% after huge selloff even as AI demand risks persist
Micron Technology shares MU are recovering after Thursday’s sharp technology selloff, but questions remain over whether the memory-chip maker’s low valuation reflects an investment opportunity or the risk of a downturn in AI-related demand. The stock gained 5.8% on Friday after plunging 17% in the previous session. At Thursday’s closing price, Micron traded at just 3.7 times its estimated fiscal 2027 earnings, according to FactSet. That valuation appears particularly low given expectations that the company will more than double its revenue and earnings in the current fiscal year, with further growth forecast for the following year. However, memory-chip companies often trade at low earnings multiples near the peak of their cycles, when profits are elevated. Micron's low valuation faces memory-cycle…
Source : Invezz
Time : 2026-11-06 15:57:39
Credit : ananthu c u
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$MKR
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Micron Technology shares MU are recovering after Thursday’s sharp technology selloff, but questions remain over whether the memory-chip maker’s low valuation reflects an investment opportunity or the risk of a downturn in AI-related demand. The stock gained 5.8% on Friday after plunging 17% in the previous session. At Thursday’s closing price, Micron traded at just 3.7 times its estimated fiscal 2027 earnings, according to FactSet. That valuation appears particularly low given expectations that the company will more than double its revenue and earnings in the current fiscal year, with further growth forecast for the following year. However, memory-chip companies often trade at low earnings multiples near the peak of their cycles, when profits are elevated. Micron's low valuation faces memory-cycle…
Source : Invezz
Time : 2026-11-06 15:57:39
Credit : ananthu c u
#stock_market
$MKR
Share your opinion in the comment section below