As AI large models exhibit exponential growth in data generation and processing speeds, memory chips face shortages and product prices continue to rise, ushering in a supercycle for the industry. MU, a memory chip giant, has surged nearly 230% this year. Today, it continues its strong momentum with a 3.6% gain, breaking new highs once again.
Will MU break through $300 before the new year?
MU surged nearly 230% this year and continues to hit new highs today. Will it break through $300 before the New Year?
byu/Turbulent_Return_288 instocks
Posted by Turbulent_Return_288
13 Comments
Yes
Every day ATH
I think 3000$ even
One of my best all time investments. Bought in 2013-2014.
Already a post on this less than 24h old: https://old.reddit.com/r/stocks/comments/1pu3ze4/micronmu_up_217_in_2025_is_the_rally_just_getting/
for sure you guys should just buy a ton. sell ur home. sell ur parents. buy micron
Nobody knows.
ofc, we will see another 20% year for SPY in 2026. AI hype will continue till Trump steps down in 2029.
He is doing an extremely good job, make the rich richer. Can’t see any reasons for big drops esp towards a highly liquid environment next year. Hope Musk reaches 1T networth in the next 2 years.
May you all become wealthier till 2029.
When they confirm $8+ quarterly EPS, this will be $400+. $8 x 4 x 15x PE = $480.
it’s clear a reduced purchase volume all time high. stay away
New analyst price target of $500 out https://finance.yahoo.com/news/micron-mu-gets-500-target-201409609.html
Finally. I’m a long term MU bagholder and I’ve grown used to the pump and dump. This time, the dump hasn’t come. Just more pump.
They’ve stolen from taxpayers to sell to buyers that don’t exist in volume or demand. As soon as ai cracks, these multiples will break down.