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Micron Technology Stock Remains a Buy Amid Global Chip Shortage

Memory chips are an important element of semiconductor manufacturing. Micron Technology (NASDAQ: MU) is one of the leaders in this realm of the electronics world, and it reported an excellent Q2 fiscal 2022 (the three-month period ended March 3, 2022). Micron itself still looks like an undervalued stock amid a global chip shortage, and the global imbalance between limited chip supplies and rising demand indicates that this deficit will likely persist for some time still. Read More...

Memory chips are an important element of semiconductor manufacturing. Micron Technology (NASDAQ: MU) is one of the leaders in this realm of the electronics world, and it reported an excellent Q2 fiscal 2022 (the three-month period ended March 3, 2022). Micron itself still looks like an undervalued stock amid a global chip shortage, and the global imbalance between limited chip supplies and rising demand indicates that this deficit will likely persist for some time still.

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