Micron Stock At 10x Earnings: AI's Best Bargain?
1. Micron raised Q4 FY'25 revenue forecast to $11.2 billion. 2. HBM revenue surged nearly 50% driven by AI demand. 3. Micron aims for 20-25% market share in HBM by late 2025. 4. Current valuation suggests stock is undervalued with robust growth ahead. 5. Despite growth, cyclical risks remain due to traditional memory markets.