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Micron stock rises as RBC sees AI memory demand supporting valuation
Source: invezz.com
Artificial IntelligenceAnalyst InsightsCompany FundamentalsTechnology & Innovation
Micron shares rose as much as 3.12% after RBC Capital Markets said the chipmaker's valuation does not fully reflect its exposure to the AI-driven memory demand boom. The commentary signals potential upside for Micron as investors reassess the earnings and valuation implications of AI-related memory demand.
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