Should You Go For This Blue Chip Stock-MU

Acrobull Canada Advisory Inc.

February 26			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Micron Techonologies Inc.	MU-NASDAQ	Technology		$103.86 Billion	Medium

Micron Technology, Inc. creates, develops, manufactures, and sells memory and storage devices in the United States, Taiwan, mainland China, the rest of Asia Pacific, Hong Kong, Japan, Europe, and around the world.

Recent Highlights

In fiscal Q1, Micron delivered record sales, gross margins, and profits per share (EPS) at or above the midpoint of its target range.

Data center revenue increased by more than 400% year over year and 40% sequentially, setting a new record, with the data center revenue mix exceeding 50% of Micron's sales for the first time.

First Quarter 2025, Highlights

Our success in data center SSDs resulted in record revenue and market share gains.

Our high-bandwidth memory (HBM) shipments exceeded expectations, with revenue more than doubling sequentially.

Our largest data center customer contributed around 13% of entire business revenue.
By 2028, we anticipate a four-fold increase in the total addressable market (TAM) for HBM from $16 billion in 2024 to over $100 billion by 2030.

Stock Observation- The company has reported good financial results in the third quarter, the company is expected to report better financial results in the next quarter. The RSI level for the stock is at 47 which shows oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$93.22 USD
Acrobull Recommendation	Buy
Target Price	Target $103.25 USD
RSI Level	14 Day RSI 47
Total Shares Outstanding	1.11 Billion
Shares held by Insiders Risk Factor Stop Loss	0.42% Medium 5%