Micron Holds Third-Lowest S&P 500 Valuation
CNBC questions why the AI chip leader trades at the third-lowest valuation in the S&P 500.
CNBC posted a link to its article headlined 'Why is Micron so cheap? AI rally leader has the third-lowest valuation in the S&P 500.' The piece states that Micron leads the AI rally yet carries one of the lowest valuations in the index. It adds that Micron and the chip industry have changed and the market may not fully recognize that shift. The tweet comes from the official CNBC account and points readers to the full story on the company's valuation.
Combined views
1 post, first seen 4d ago
Micron Holds Third-Lowest S&P 500 Valuation
CNBC questions why the AI chip leader trades at the third-lowest valuation in the S&P 500.
CNBC posted a link to its article headlined 'Why is Micron so cheap? AI rally leader has the third-lowest valuation in the S&P 500.' The piece states that Micron leads the AI rally yet carries one of the lowest valuations in the index. It adds that Micron and the chip industry have changed and the market may not fully recognize that shift. The tweet comes from the official CNBC account and points readers to the full story on the company's valuation.