By Nigam Arora & Dr. Natasha Arora Signal(s) to enter, add, reduce, exit, hold or change. Over the weekend, AI hype on memory maker Micron (MU) went into overdrive.  The hype is accelerating on Wall Street this morning.  Hype can make stocks run a lot farther than you would think.  Stocks such as MU can get totally divorced from fundamentals. The target zone for MU has been $136 – $142.  If the MU reaches this target zone, that will tentatively be the time to take only partial profits. If the hype continues, the next target zone is $163 – $177. There is a 450% gain on

By Nigam Arora & Dr. Natasha Arora Members of The Arora Report are well positioned in Micron (MU) stock.  The original position is long from $21.77.  This represents a gain of 416%. Memory For AI High bandwidth memory is used in artificial intelligence applications.  Micron shared that its high bandwidth memory is sold out for 2024. In The Arora Report analysis, Micron is likely to ship $600M – $800M worth of high bandwidth memory for AI applications in 2024.  As investors understand the need for high bandwidth memory, the PE of MU stock is likely to expand. Earnings Micron reported blowout earnings.  Here is what investors need to