$Micron Technology(MU)$ it is hard for someinvestors to accept the fact that the only way to survive in this chaotic world is that the stock market must go up. This is because companies and countries have no choice but to invest in data centres and AI for future uses that can set the foundation for useful applications in a lot of areas, healthcare, transport, defence, etc, so it does show in the earning reports in NVDA and MICRON, etc. Sure there will be some misses here and there but ultimately economy needs to be resilient hence stimulus measures by several countries including the US will make sure it happens! The only way down is a nuclear disaster!!
Modified in.09-27
AI Faith Come Back! Chase High or Take Profit Now?
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips.
On the news, the stock jumps 15% and leads semiconductor stocks up.
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