Intel vs. Micron: Morgan Stanley Picks the Superior AI Chip Stock to Buy

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Morgan Stanley analyst Joseph Moore prefers Micron (MU) over Intel (INTC) despite both companies experiencing significant stock surges driven by AI demand. Moore assigns an Equal-weight (Neutral) rating to Intel due to market share concerns and valuation, while maintaining an Overweight (Buy) rating on Micron, believing the memory market has undergone a structural shift due to AI’s high demand. The broader Street consensus aligns with Moore’s view, with Intel rated as a Hold and Micron as a Strong Buy.

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