Analyst: Micron's earnings report shows that as long as profit outlook supports high valuations, short-term fluctuations can be ignored
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Glonghui, June 25|Capital.com Senior Market Analyst Daniela Hathorn stated: “With Micron Technology’s financial report once again confirming that the artificial intelligence investment cycle remains solid, the US stock market has regained some lost ground. This has boosted market sentiment across the entire semiconductor sector—previously, high-growth stocks had performed weakly—showing that as long as earnings prospects continue to support high valuations, investors are still willing to overlook short-term fluctuations.”
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