Core Insights - Jim Cramer has expressed optimism about Applied Materials Inc (NASDAQ:AMAT) due to the increasing demand for AI chips and high bandwidth memory [2][3] - Despite the positive outlook, Cramer noted concerns regarding slowing sales in China, which could impact the company's performance [2] Company Overview - Applied Materials Inc is a provider of semiconductor manufacturing equipment, positioned to benefit from the growing demand for AI-related technologies [2] - The company is part of a sector that includes memory chip manufacturers, which are also experiencing heightened demand [2] Market Sentiment - Cramer highlighted that the recent earnings report from Applied Materials was disappointing, particularly due to the sales slowdown in China [2] - He believes that the market reaction to related companies, such as Lam Research, may be overblown, suggesting that both companies have strong prospects despite current challenges [2] Investment Perspective - Cramer views Applied Materials as a potentially strong investment, especially given the unexpected surge in demand for high bandwidth memory [3] - However, there is a belief that other AI stocks may offer better returns with lower risk compared to AMAT [3]

Welcome back to Market on Close. Shares of Micron are on the rise today after BNP Perry Boss double upgraded shares to outperform from underperform and nearly tripled the price target from $270 from the street low previously of $100. The firm says it now fully embraces high bandwidth memory as a sustainable separate growth factor and believes that Micron and the market are in the early innings of a memory super cycle.So with that, I do want to bring in Alex Coffee joining us today for Options Corner. Alex i ...

Core Insights - The U.S. administration is pushing for increased domestic manufacturing, particularly in the semiconductor industry, which aligns with the investment goals in projects like Stargate and OpenAI [2][3] - There is a significant focus on the potential $350 billion South Korean investment in the U.S. as part of a trade deal, but questions remain regarding the production locations for high bandwidth memory [2][3] - The semiconductor industry is facing a workforce challenge, with an estimated job gap of 67,000 due to insufficient domestic graduates to meet projected demand [5] Group 1: Domestic Manufacturing and Investment - The Trump administration's initiatives aim to bolster domestic manufacturing, particularly in semiconductor production, as part of broader economic strategies [2][3] - There is uncertainty about whether high bandwidth memory will be produced in Asia or the U.S., which is a key goal for the administration [3] Group 2: Workforce Challenges - The semiconductor industry is experiencing pushback against proposed visa rule changes that could limit the availability of skilled talent from abroad [6][7] - The administration's plan to shorten the duration of F-1 student visas from indefinite to four years is causing concern among industry leaders, who fear it will drive talent to more welcoming countries [7] - An increase in H-1B visa fees to $100,000 for new applications could result in hundreds of millions of dollars in additional costs for semiconductor companies seeking to hire talent [8]

Bokeh Capital Partners CIO Kim Forrest says she expects Micron shares to continue to rise long-term as markets become more aware of the need for high bandwidth memory in the AI age. She tells Bloomberg's Caroline Hyde and Ed Ludlow why "old tech" makes a good new investment on "Bloomberg Tech." ...

Core Insights - The focus is shifting from Nvidia to Micron as Micron's stock has seen significant movement, indicating a potential investment opportunity in the semiconductor sector [2][4]. Company Analysis - Micron's stock price has dramatically increased from 64 in April to around 160, driven by demand for high bandwidth memory and data center applications [2][4]. - The CEO of Micron, Sanjay Maro, emphasizes that while high bandwidth memory is gaining attention, the company's primary business remains in DRAM, which is crucial for data centers [3][4]. - Micron's recent stock performance is notable, with analysts discussing its cyclical nature and potential for further growth, suggesting that the stock could continue to rise beyond expectations [4][5]. Industry Context - The semiconductor industry is experiencing volatility, with Micron's performance contrasting sharply with historical trends, where it has fluctuated significantly in rankings within the S&P [5]. - The data center market is highlighted as a key driver for growth in semiconductor stocks, with companies like Corning also playing a significant role [3].

Micron Technology Inc. (NASDAQ: MU ) demolished profit estimates for the company's third quarter thanks to AI-driven growth in the memory market, in particular with respect to high bandwidth memory, which is the core earnings driver for Micro Technology right now.A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest ne ...