Micron Technology stock drops due to tariff concerns, but strong demand and undervalued potential.

From Nasdaq: 2025-04-18 10:15:00

Micron Technology (NASDAQ: MU) has experienced a 20% drop in shares this month due to tariff concerns. Reports suggest they may raise memory product prices, but tariffs on semiconductors have been exempted. Micron’s strong demand is leading to capacity constraints and impressive financial performance.

Micron’s valuation is attractive, trading at a low multiple compared to the Nasdaq-100 index. The company’s potential earnings growth is undervalued, especially in the AI sector. Micron’s memory products are in high demand for AI applications, smartphones, and PCs, with solid growth potential.

Investors may find buying Micron stock appealing due to its growth prospects. The company’s recent slump could present a buying opportunity for long-term growth potential.



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