BofA Reinforces Bullish Outlook on Micron Amid Open-Source AI Model Developments

Bank of America (BofA) has reinforced its bullish stance on memory stocks and specifically on Micron Technology following the release of new open-source models, including China's Kimi K3. The positive outlook contributed to a premarket surge in Micron shares by approximately 6%.

By Ravikash Bakolia, SA News Editor · Seeking Alpha ·

BofA Reinforces Bullish Outlook on Micron Amid Open-Source AI Model Developments

Tickers: $MU

Topics: AI memory chips Micron Technology

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