Micron recently saw a lot of volatility around the earnings announcement and sold down to $85, but eventually recovered back to the $105 level where it traded for earnings, even though they saw a double beat with GAAP EPS that came in $0.11 above estimates at $1.67 and with revenue that came in $11.74 million above target to $8.71 billion.
Micron Technology (NASDAQ: MU) has historically been among the most frustrating semiconductor stocks for investors. Chip stocks are cyclical by nature, and the extreme fluctuations in the memory chip market have often wiped out the stock's gains from the most recent bull markets.
We recently compiled a list of the Blackrock’s 30 Most Important AI Stocks. In this article, we are going to take a look at where Micron Technology (NASDAQ:MU) stands against the other AI stocks. In the third quarter of 2024,
History Says the Nasdaq Could Soar in 2025. Here Is 1 Dirt-Cheap Artificial Intelligence (AI) Semiconductor Stock to Buy Right Now.
Semiconductor stocks are getting hit with a wave of bearish pressures following news that the U.S. will take new steps to limit the export of advanced chips used for AI.
Talk about artificial intelligence and you immediately think about Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), or even Palantir Technologies (NASDAQ:PLTR). But what if you have it all wrong? What if the future of AI is really Micron Technology (NYSE:MU)?
Micron Technology is investing $7 billion to build an advanced chip packaging facility in Singapore as the semiconductor giant expands its capacity to cater to booming demand for AI chips.
The rapid expansion of AI is creating an unprecedented demand for high-performance memory solutions, and Micron is at the forefront of this technological revolution. The company is experiencing ...
The adoption of artificial intelligence (AI) technology is set to continue at a rapid pace in 2025: Market research firm IDC estimates that investments in data center infrastructure, AI agents, and efforts taken by organizations to embed AI capabilities into their operations will add up to outlays of $227 billion this year.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped roughly 2% after new economic data showed easing inflation, a relief to investors that also led to a decline in Treasury yields. Shares of many artificial intelligence (AI) stocks moved higher on the news.
After an underwhelming end to last year, Micron Technology Inc. shares have been hot to start 2025, rising 18% to lead S&P 500 gainers on the year.
We recently compiled a list of the Blackrock's 30 Most Important AI Stocks. In this article, we are going to take a look at where Micron Technology (NASDAQ:MU) stands against the other AI stocks.