
5G AND ELECTRIC VEHICLES INCREASING DEMAND — 267% GAIN ON MEMORY MAKER MU
By Nigam Arora & Dr. Natasha Arora Signal(s) to enter, add, reduce, exit, hold or change. MU is long from $21.77. It is trading at $80.25 as of this writing. This represents a gain of 267%. Earnings MU reported earnings. Earnings are above consensus but below the whisper number. Momo crowd had run up the stock going into earnings. After earnings, the stock is pulling back because earnings came below the whisper numbers. Increasing Demand MU is a producer of DRAM and NAND semiconductor memory. 5G and electric vehicles are increasing the demand for memory. There are shortages of memory






