This Dark-Horse AI Stock Has Doubled Since April, and It Still Looks Like a Buy
Micron is also an integrated device manufacturer, meaning it both designs and manufactures its own chips, differentiating it from companies like Nvidia, Broadcom, and Advanced Micro Devices. That exposes the company to added volatility due to the cyclical nature of the semiconductor industry, but it also gives the stock more upside in good times because it can fully capture the benefit of the AI boom. Coming into the company's fiscal third-quarter earnings report, the stock had been rallying alongside the r ...