**Riding the Memory Chip Upswing**

**Reassessing Micron Technology’s Prospects**

Since my initial endorsement of Micron Technology (NASDAQ:MU) on April 19, 2024, the stock has failed to live up to expectations. Initially, the stock surged, gaining over 40% and peaking at $157.54 on June 18. However, the subsequent decline has left investors wondering about the company’s future prospects.

**Full Disclosure**

The author of this article holds no position in Micron Technology or any other company mentioned. No plans are in place to initiate a position within the next 72 hours. This article represents the author’s personal opinions and was written independently. No compensation has been received, aside from that provided by Seeking Alpha. There is no business relationship between the author and any company mentioned.

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Past performance is not indicative of future results. This article does not constitute investment advice or recommendations. Any views expressed may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker, or US investment adviser. Our analysts are independent authors, including professional and individual investors who may not hold certifications from any regulatory body.

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