Micron Technology, Inc. (MU) has seen a strong 35.9% year-to-date surge, outperforming major chipmakers and the broader tech sector. The demand for Micron’s memory products, including DRAM, NAND, and HBM3E, is being driven by trends in AI, data centers, and auto tech. Despite its growth, MU trades at a low P/S ratio of 2.69, making it an attractive value investment compared to its peers. The company’s position in transformative tech trends, such as AI and data centers, along with its diversification strategy, are expected to fuel long-term growth. Analysts project significant revenue and EPS growth for Micron in the coming years. With its strong fundamentals and attractive valuation, Micron remains a compelling buy for investors.

Read more at Zacks Investment Research: Micron Stock Soars 36% YTD: Still a Buy or Time to Book Profits? – July 21, 2025