$Micron Technology(MU)$ What's

$Micron Technology(MU)$ What's the exact reason this is trading for such a low price? EPS next year is atleast 10 which means 20x forward earnings is 200 per share but most semis even go for 30 forward PE

Some analyst said it's because it's cyclical if they say that then say that about the entire semi industry they said in the call that during 2025 they are going to be significantly upping their expenses and research to take advantage of this massive growth so it's not a 1 year thing

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