Chip stock Micron to rally nearly 35 percent on ‘exceptional’ cloud computing demand: Morgan Stanley

Chip stock Micron to rally nearly 35 percent on ‘exceptional’ cloud computing demand: Morgan Stanley

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/09/chip-stock-micron-to-rally-nearly-35-percent-on-exceptional-cloud-computing-demand-morgan-stanley.html

Micron shares will thrive this year due to strong demand from several technology markets, according to one Wall Street firm.

Morgan Stanley reiterated its overweight rating for Micron shares, citing its sales growth from the cloud computing business.