Micron Technology Is Having Its Nvidia Moment. Is It Still a Buy?

A couple of years ago, when Nvidia began churning out quarters of triple-digit revenue growth, it almost seemed too good to be true. In hindsight, it was the beginning of the artificial intelligence (AI) boom, and investors who stayed on the sidelines probably wish they hadn't.History doesn't repeat, but it often rhymes. Funnily enough, it didn't take long. Micron Technology (NASDAQ: MU) recently turned in an eye-popping earnings report, with sales exploding to more than $23.8 billion for the quarter, up from just $8 billion a year ago.Is this likely to continue, and does Micron stock still have upside?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool