The most obvious AI pick is Nvidia (NASDAQ:NVDA) but maybe it’s too obvious. For a less crowded trade, I encourage you to take a look at Micron Technology (NASDAQ:MU). I’ve previously set a $150 price target on Micron Technology stock and now, I expect it to reach that target fairly soon.The Semiconductor Industry Association Micron Technology estimates that U.S. chip-manufacturing capacity will triple by 2032. To seize this opportunity, it’s fine to own some Nvidia stock, but it’s smart to diversify your h ...

Micron (MU) closed at $127.50 in the latest trading session, marking a -1.16% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.25%. Elsewhere, the Dow gained 0.17%, while the tech-heavy Nasdaq added 0.23%.The the stock of chipmaker has risen by 18.22% in the past month, leading the Computer and Technology sector's gain of 11.73% and the S&P 500's gain of 7.08%.The upcoming earnings release of Micron will be of great interest to investors. The company is forecasted to r ...

Micron Technology, Inc. (NASDAQ:MU) J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Results Conference May 21, 2024 8:10 AM ET Company Participants Mark Murphy - EVP & CFO Manish Bhatia - EVP of Global Operations Conference Call Participants Harlan Sur - JPMorgan Harlan Sur Good morning, and welcome to the second day of JPMorgan's 52nd Annual Technology Media and Communications Conference. My name is Harlan Sur. I'm the semiconductor and semiconductor capital equipment analyst for the ...

Micron Technology, Inc. (NASDAQ:MU) J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Results Conference May 21, 2024 8:10 AM ET Company Participants Mark Murphy - EVP & CFO Manish Bhatia - EVP of Global Operations Conference Call Participants Harlan Sur - JPMorgan Harlan Sur Good morning, and welcome to the second day of JPMorgan's 52nd Annual Technology Media and Communications Conference. My name is Harlan Sur. I'm the semiconductor and semiconductor capital equipment analyst for the ...

BOISE, Idaho, May 21, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), one of the world's largest semiconductor companies and the only U.S.-based manufacturer of memory, today announced a strategic expansion in workforce development initiatives to diversify the semiconductor workforce and build a robust talent pipeline through education and career reentry initiatives. Micron is partnering with GlobalFoundries, the U.S. National Science Foundation (NSF) and additional leaders in industry, govern ...

These companies are instrumental in the AI boom.Nvidia (NASDAQ: NVDA) embodies artificial intelligence (AI) enthusiasm unlike any other growth stock. But what if you already own enough Nvidia, or are simply looking for other opportunities?A good place to start is by looking at the companies that Nvidia partners with that indirectly benefit from its success.Three that stick out are Micron Technology (MU 1.45%), Vertiv Holdings (VRT -0.63%), and Taiwan Semiconductor Manufacturing (TSM -1.91%). Here's what mak ...

Micron Technology (NASDAQ:MU), which makes computer-memory chips, is benefiting from multiple, strong, positive catalysts. Among these drivers are the rapidly increasing demand for its products for use in artificial intelligence (AI) systems and new AI server chips that it has begun offering recently. The latter chips tend to be more profitable than its older products. Also positively for Micron Technology stock, multiple Wall Street banks have issued very upbeat notes on the chipmaker in recent months, whi ...

Micron Technology, Inc. (MU) has announced the availability of its Crucial LPCAMM2, a laptop memory form factor that has LPDDR5X mobile memory integrated into it. This setup enhances the performance of laptops for professionals and creators.This newly introduced memory solution uses 58% less active power, saves 64% of space, consumes less than 80% standby power and is 1.3 times faster compared with DDR5 SODIMMs. The LPCAMM2 provides speeds of up to 7,500MT/s and fills all 128 bits of CPU bus width, making i ...

Key PointsMicron Technology's (MU) shares have surged over 40% year-to-date, outperforming the overall market and semiconductor sector.The company announced impressive second-quarter results, beating estimates and providing optimistic outlooks.Analysts are bullish on MU, with recent notable upgrades and price target increases.5 stocks we like better than Micron TechnologyShares of Micron Technology NASDAQ: MU, a leading provider of storage-focused microchip products worldwide, are having a year to remember. ...

The most recent trading session ended with Micron (MU) standing at $119.21, reflecting a -0.77% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.13%. Meanwhile, the Dow gained 0.08%, and the Nasdaq, a tech-heavy index, lost 0.1%.Shares of the chipmaker have depreciated by 2.29% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.89% and the S&P 500's loss of 0.35%.Analysts and investors alike will b ...