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Serenity Projects Micron to Reach $1.5 Trillion by 2027 as Market Cap Surpasses $1 Trillion

GateNews
Stocks
MU4.44%
NVDA-0.16%

According to BlockBeats on May 27, Serenity, a senior trader on Reddit's WallStreetBets, assessed that Micron's (MU) market valuation surpassed $1 trillion. Serenity reiterated his view that Micron could become "the next Nvidia," projecting the stock to reach $1.5 trillion by 2027.

Micron's stock has risen from $80 to $887 in recent months, driven by AI-driven demand for high-bandwidth memory (HBM). Serenity cited structural memory demand and Micron's "Made in America" status with White House support as key factors supporting sustained growth.

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