Micron Technology (MU) is well-positioned to benefit from AI growth for the next two years. Insider buying by board member Teyin Liu signals confidence in Micron’s outlook. The company specializes in computer-memory solutions, with a focus on high-bandwidth memory (HBM) used in AI chips. Revenue in the last quarter jumped 21% YoY to $13.64 billion. Despite a 264% stock price increase in the past year, MU is still trading at a low P/E ratio of 11.3. Analysts are bullish on MU, with price targets raised by Wells Fargo, Citi, and Barclays, indicating continued growth potential.

Read more at Barchart: Micron Insider Teyin Liu Just Bought $7.8 Million in MU Stock. Should You Buy Shares Too?