Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Wall Street [Yahoo! Finance]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations:
investors.micron.com
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Source: Yahoo! Finance
worth more). Nvidia makes powerful graphics processing chips (GPUs) for the data center that are designed to handle artificial intelligence (AI) workloads, and the company is overwhelmed with demand. But while investors are (understandably) laser-focused on Nvidia, they might be overlooking other opportunities in the chip sector. According to The Wall Street Journal , analysts have a consensus overweight (bullish) rating on two other names: Micron Technology (NASDAQ: MU) and Axcelis Technologies (NASDAQ: ACLS) Here's why following Wall Street's lead and buying shares of Micron and Axcelis might be an excellent idea. 1. Micron Technology is a critical partner to Nvidia Micron is one of the world's largest producers of memory (DRAM) and storage (NAND) chips, which are critical in everything from smartphones to data centers. As a result, the company's opportunity in the expanding AI space is already proving to be multifaceted. First, Micron's latest HBM3E (high-bandwidth memory
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MU
News
- Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Slumped on Wednesday [Yahoo! Finance]Yahoo! Finance
- Micron First to Ship Critical Memory for AI Data Centers [Yahoo! Finance]Yahoo! Finance
- Micron First to Ship Critical Memory for AI Data CentersGlobeNewswire
- Global DRAM (Dynamic Random Access Memory) DIMM (Dual In-Line Memory Module) Industry Report 2023-2033: Faster Data Transfer and Lower Power Consumption, e-Sports and VR Surge, HPC Propel Demand [Yahoo! Finance]Yahoo! Finance
- Futures fall as chip stocks drag, Fed rate decision awaited [Reuters]Reuters
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form 144
- 4/30/24 - Form 144
- MU's page on the SEC website