Micron Technology Inc. closed 32.87% below its 52-week high of $157.54, which the company achieved on June 18th.

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Shares of many artificial intelligence (AI) stocks moved higher on the news. Semiconductor company Micron Technology ( MU 5.96%) traded 5.7% higher as of 12:12 p.m. ET. Meanwhile, AI software ...

Micron's fundamentals remain solid, AI tailwinds are robust, and the stock is attractively valued after a recent dip.

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After an underwhelming end to last year, Micron Technology Inc. shares have been hot to start 2025, rising 18% to lead S&P 500 gainers on the year.