Micron Is Still A Buy After Its Monster Rally

  • Micron's Data Center segment is thriving, driven by AI demand, record DRAM revenues, and promising partnerships with AMD. Q3 financials were robust, with revenue up 36.56% and EPS surging 208%, reflecting strong margin expansion and operational efficiency. Guidance for Q4 is bright, projecting revenue growth acceleration and continued margin strength, dispelling fears of a slowdown.