Micron trades at less than 7x fiscal 2027 consensus earnings ahead of results next week, suggesting investors still price memory as a cyclical commodity business. James E. Thorne says the stock reflects little expectation of durable gains despite AI-driven earnings.
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Micron trades at less than 7x fiscal 2027 consensus earnings ahead of results next week, suggesting investors still price memory as a cyclical commodity business. James E. Thorne says the stock reflects little expectation of durable gains despite AI-driven ear
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