We recently published a list of 12 Most Promising AI Stocks According to Wall Street Analysts. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against other most promising AI stocks according to Wall Street analysts.
The US stock market has been typically banking on the success of AI stocks, and there are chances that one of the most celebrated stock at Wall Street, Micron, could be ready to face some trouble in the days ahead in 2025.
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.
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,
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.
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%.
Smartphones with AI improve productivity, but it requires advances in technologies such as processors, memory devices and sensors.
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 ...
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.
In January 2016, Micron was in the midst of another industry pullback. However, it proved to be a fortuitous time to buy. Those who invested $10,000 at the low of $9.68 per share and held would now have 1,033 Micron shares, worth about $106,800 today!
We recently compiled a list of the 10 Undervalued Chip Stocks Near 52-Week Lows. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other undervalued chip stocks.