1- Introduction

Hello, today I will talk to you about an investment opportunity that does not come along very often, and that is, of course, due to the spread of artificial intelligence around the world. Is Micron Technology a golden stock or a mirage?

2- Who is Micron Technology?

It is a company founded in 1978 in the quiet state of Idaho, behind its snow-capped mountains.

Storage and memory chips were the state's most prominent products, on par with potatoes, of course, which made DRAM and NAND Flash memory more in demand in the global memory market by giant companies.

These sales increased after the company delved deeper into technology, especially after the emergence of artificial intelligence and electric cars.

They also have huge data centers and robust servers, which means that the company has become a strong future investment and has become one of the pillars of technology in our modern era and in the future due to its transformation into many of the areas I mentioned.

It is no longer just a memory storage company, but much more than that.

3- Why is Micron trending in the market right now?

Now we come to the question that many people are asking: Why now? What's all the fuss about?

Well, I'll answer that for you right now:

Before 2022, the company was benefiting from the coming artificial intelligence revolution, and its profits were doubling before we realized that there was a revolution coming in the name of AI, which was a profitable revolution that doubled even more in 2022 after the release of tools that were different from their predecessors.

But your question is: Why did artificial intelligence help Micron achieve the biggest boom in their history? Okay, I'll answer that.

Before the release of AI, companies used to train artificial intelligence tools before release, which requires storage memory that is not simple, and this is what made companies go to Micron to supply data and memory for training in large quantities.

Add to that the large companies that collaborate with Micron, such as:

NVIDIA – Amazon – Google Cloud

which rely on huge amounts of memory, which is Micron's field, of course.

Here is an example of Micron's current situation:

Do you remember when the coronavirus pandemic began? What happened to the market?

The profits of online retailers such as Amazon and others doubled.

This is what is happening now with the emergence of AI and its continued development, which will be the future.

Unlike the coronavirus, which ended and caused online sales to decline — True, they did not fall to pre-COVID levels, but the point I want to make is that AI is evolving, and all investors know that it will continue in the future. For it to continue, it needs data and Micron memory, which is the frontrunner in this field, making their continued rise intertwined.

4- Micron's strengths:

With a country like China that can manufacture anything, do you think this makes Micron fearful of decline? No, my friend...

Micron's strengths include its long experience and proven performance, as well as its expansion into several areas such as phones, cars, and finally AI tools.

5- Is Micron an investment opportunity?

I will tell you in all honesty, based on my simple personal view,

when artificial intelligence stocks grow, Micron stocks will grow with them. That is certain.

But how much growth? Will it be high or moderate? I don't know.

You can turn to experts you trust more.

But in my personal opinion, I see Micron as the leader in this field and the most reliable for global websites and artificial intelligence.

6- How can investors follow Micron news?

Every quarter, the company itself publishes a report on its profits, total revenues, dividends, and product sales

(DRAM / NAND / HBM).

This demonstrates the company's stability and confidence in itself.

Micron also recently announced that it is building a factory in Japan, which indicates that it is thinking about gaining more control and expanding.

7- Who are Micron's competitors?

No company is without competitors, and Micron is no exception!

The most prominent competitors are:

SK Hynix and Samsung Electronics.

However, they all have obvious shortcomings, such as supply issues, production shortages, and lower sales.

8- Conclusion:

I have tried to describe Micron to you as best I can.

Everything I have mentioned is either from reliable sources or my own opinions. This is my personal view of the company and its clear strength in the market.