The upside estimate for EPS is 8.62. Assuming 20% quarterly growth, EPS figures are 8.62, 11.41, and 13.69. Applying the current P/E ratio yields implied share prices of 586.9, 890.9, and 1232.0. Stock prices are driven by earnings. A similar approach was applied to $NVIDIA(NVDA)$ , and $Micron Technology(MU)$ is anticipated to follow suit. This contributes to the wealth gap.
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