EXCLUSIVE: Micron's AI Earnings Could Break the Old Memory Cycle, PurePlay ETFs CEO Says
Micron Technology Inc. (NASDAQ: MU ) is booking record profits from artificial intelligence. Yet the market still values it like a company at the top of a boom-and-bust cycle. Joseph DeYonker, founder and CEO of PurePlay ETFs, thinks Micron’s fiscal fourth-quarter results on Sept. 30 could start to close that gap. Why