Micron Technology Stock: Is It Heading for a $2 Trillion Valuation?

As demand for memory and storage products has surged and supply has been limited, Micron Technology (NASDAQ: MU) has been benefiting from the ongoing shortage in a big way. Its results have looked fantastic, as it has been able to raise prices and generate impressive margins amid continuously strong demand.The stock has soared 800% over the past 12 months and has become one of the most valuable companies in the world, with a market cap of around $1.3 trillion, heading into trading this week. Is it only a matter of time before it reaches a $2 trillion market cap?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool