Prediction: Here's How Much Micron Stock Will Be Worth in 2 Years

Micron ( MU +5.07% ) has been one of the biggest winners of the artificial intelligence (AI) megatrend. Demand for memory chips has soared as memory has proven to be one of the biggest bottlenecks controlling the pace of the AI infrastructure build-out. With demand for training and inference processing power rising, and with supplies from memory chipmakers limited, sellers such as Micron have enjoyed tremendous pricing power. That has resulted in phenomenal earnings growth for the company in recent years, and the stock has followed suit. With shares up more than 800% in the past year, Micron is now a trillion-dollar company . After gains like that, many investors may be wondering if there's still time to buy, or if it's time for those who got in earlier to take profits. Here's my prediction for where Micron will be in two years.

Prediction: Here's How Much Micron Stock Will Be Worth in 2 Years. Micron ( MU +5.07% ) has been one of the biggest winners of the artificial intelligence (AI) megatrend. Demand for memory chips has soared as memory has proven to be one of the biggest bottlenecks controlling the pace of the AI infrastructure build-out. With demand for training and inference processing power rising, and with supplies from memory chipmakers limited, sellers such as Micron have enjoyed tremendous pricing power. That has resulted in phenomenal earnings growth for the company in recent years, and the stock has followed suit. With shares up more than 800% in the past year, Micron is now a trillion-dollar company . After gains like that, many investors may be wondering if there's still time to buy, or if it's time for those who got in earlier to take profits. He...