We recently compiled a list of the Top 10 Undervalued Tech Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against other top undervalued tech stocks to buy according to hedge funds.

Micron Technology Inc. closed 32.87% below its 52-week high of $157.54, which the company achieved on June 18th.

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.

Syracuse, N.Y. – Onondaga County is planning to put up $20 million to move forward on a critical portion of the Micron Technology semiconductor complex in Clay. The money would fund the first phase of designing an industrial wastewater plant that would take wastewater from Micron’s factories, clean it up and ship some back to Micron to use again.

Micron (MU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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.

Micron’s stock lost a quarter of its value in the last six months. The company’s unamusing outlook for Q2 signals that the upside is limited right now. Micron is a SELL for us at the current price.

Micron is teaming up with Pure Storage for the 150TB DirectFlash module Micron's G8 QLC NAND has been qualified for production, alongside Kioxia This chip is used in Micron's own rival 60TB SSD Pure Storage has announced an expanded collaboration with Micron which will see the American semiconductor company’s G9 QLC NAND integrated into the storage firm's future DirectFlash Module (DFM) solutions for use in hyperscale data centers.

Micron Technology Inc (MU) stock saw a decline, ending the day at $102.6 which represents a decrease of $-0.59 or -0.57% from the prior close of $103.19. The stock opened at $104.32 and touched a low of $101.

The Direxion ETFs: Investors wanting to jump into the fray but without the complexities of advanced trading strategies may consider two Micron-focused exchange-traded funds. First, the Direxion Daily MU Bull 2X Shares MUU +0.25% + Free Alerts is a leveraged fund that seeks daily investment results of 200% of the performance of MU stock.

According to data from S&P Global Market Intelligence, the stock finished the month down 14%. As you can see from the chart, shares fell sharply after the earnings report came out in the middle of the month and stayed down from there.

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.