Micron is undervalued in the AI-driven HBM market, and selling put options can offer a strategic profit opportunity. Read more on MU stock here.
We recently compiled a list of the 20 Best Artificial Intelligence (AI) 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 the other AI stocks.
Several artificial intelligence (AI) chip stocks are seeing broad sell-offs in Monday's trading. Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Micron (NASDAQ: MU) are among the big names participating in the pullback and were down 2.
Stocks Analysis by MarketBeat.com (Jeffrey Neal Johnson) covering: Micron Technology Inc. Read MarketBeat.com (Jeffrey Neal Johnson)'s latest article on Investing.com
Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.
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.
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.
Read here for an analysis of Micron stock decline, near-term weakness but long-term potential adn undervaluation. See why we rate MU as a hold for investors.
Artificial intelligence technology has been a major driver of the bull market over the past couple of years. Technology firms, especially the
Micron Technology, Inc. (NASDAQ:MU) broke ground on a new High-Bandwidth Memory (HBM) advanced packaging facility near the company’s current facilities in Singapore. It marks Singapore’s first HBM advanced packaging facility,
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.