Micron (NASDAQ: MU) makes memory chips and storage for phones and computers. However, these chips can also be used for data centers and it is now one of the key players in the AI business. The stock is down 24% from its peak but analysts are eyeing a massive rebound here.
Shares of Micron Technology ( MU -3.93%) were slipping Thursday. The firm's stock is down 2.9% as of 1:25 p.m. ET, but lost as much as 5.4% earlier in the day. The move down comes as the S&P 500 ( ^GSPC 0.16%) gained 0.3% and the Nasdaq Composite ( ^IXIC -0.31%) fell 0.1%.
Although the euphoria surrounding AI seems to have lessened by now, the allure of high-quality and fundamentally strong AI-powered stocks is still strong -- on the back of strong demand for AI solutions across industries and functions.
Risks include the cyclical nature of the semiconductor market and potential AI CapEx overbuild, but current valuations present opportunities for investors. Although earnings beat estimates, expectations came in lower than expected,
We recently published a list of 10 Undervalued Semiconductor Stocks to Buy According to Analysts. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against other undervalued semiconductor stocks to buy according to analysts.
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.
Quantum computing stocks soared in the last month before a recent pullback. Some tech CEOs are skeptical that quantum computing will be impactful soon. AI stocks are also seeing strong growth. Investors should be aware that quantum computing is still an emerging technology.
We recently compiled a list of the 12 Most Undervalued Tech Stocks to Invest in Now. In this article, we are going to take a look at where Micron Technology, Inc.
We recently compiled a list of the 10 Best Semiconductor Stocks to Buy for the AI Boom. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other semiconductor stocks.
Arm Holdings Plc. (ARM), and chipmaking companies like Taiwan Semiconductor Manufacturing Co. (TSM), Micron Technology Inc. (MU), and Intel Corp. (INTC) surged in pre-market trade on Wednesday after President Donald Trump announced the ‘Stargate Project’ worth $500 billion.
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 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 ...