_jpmorgan-analyst-predicts-a-36-upside-for-micron-stock-says-stock-39should-continue-to-outperform39-into-2025.jpg "JPMorgan Analyst Predicts a 36% Upside for Micron Stock, Says Stock 'Should Continue to Outperform' Into 2025 from 2003 tvbs next on Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 1.6M times
✓ Published: 29-Jun-2024
👁 View: 1.6M times
✓ Published: 29-Jun-2024
Description:
JPMorgan analyst Harlan Sur maintains an Overweight rating on Micron stock, suggesting a 36% upside over the next year. Micron beat expectations for its fiscal 3rd quarter as AI demand contributed around 50% of Micron's quarter-over-quarter growth in data center revenue. AI is also fueling demand for Micron's enterprise SSD products. Micron is well-positioned to capture memory content growth from expanding AI and accelerated computing, and Sur says the stock “should continue to outperform” into 2025.
JPMorgan analyst Harlan Sur maintains an Overweight rating on Micron stock, suggesting a 36% upside over the next year. Micron beat expectations for its fiscal 3rd quarter as AI demand contributed around 50% of Micron's quarter-over-quarter growth in data center revenue. AI is also fueling demand for Micron's enterprise SSD products. Micron is well-positioned to capture memory content growth from expanding AI and accelerated computing, and Sur says the stock “should continue to outperform” into 2025.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_124-12-124-124-tvb-2003.webp "TVB Variety Show 綜藝娛樂")
_tvbs-tvbsnews01.webp "TVBS NEWS")
_gov-josh-shapiro-announces-the-sending-of-property-tax-rebate-checks-to-pennsylvania-seniors.webp "Gov. Josh Shapiro (D-PA) announced that the state would begin distributing property tax rebate checks to seniors beginning next week.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 20:12 👁 6.7M
_tvb-news-124-straight-talk-124-guest-professor-lau-siu-kai-124-23-aug-2022-124-hong-kong-news.webp "TVB Pearl - News u0026 Drama")
⏲ 23 minutes 44 seconds 👁 61
_state-of-the-union-rutte-new-nato-chief-eu-accession-talks-with-ukraine.webp "This edition of State of the Union focuses on Mark Rutte's appointment as the next NATO secretary general and the opening of EU accession talks with Ukraine")
_on-airtvbs-24-124taiwan-news-live124tvbs-news24-124-tvbs-24.webp "TVBS NEWS")
_92349234-2003sarstvbs.webp "TVBS NEWS")
_melai-cantiveros-on-being-the-next-92.webp "Melai Cantiveros is open to taking the lead role of a possible ‘Ang Tanging Ina’ remake, but she doesn’t want to take over the spot of Ai-Ai delas Alas.<br/><br/>Video: Khryzztine Baylon")
_124-12-124-124-tvb-2003.jpg)
_tvbs-tvbsnews01.jpg)
_gov-josh-shapiro-announces-the-sending-of-property-tax-rebate-checks-to-pennsylvania-seniors.jpg)
_tvb-news-124-straight-talk-124-guest-professor-lau-siu-kai-124-23-aug-2022-124-hong-kong-news.jpg)
_state-of-the-union-rutte-new-nato-chief-eu-accession-talks-with-ukraine.jpg)
_on-airtvbs-24-124taiwan-news-live124tvbs-news24-124-tvbs-24.jpg)
_92349234-2003sarstvbs.jpg)
_melai-cantiveros-on-being-the-next-92.jpg)
![[+]](/images/menu.gif){kind=small}