Reported 12 months ago
Although Nvidia is a significant player in the semiconductor industry, its high valuation might make investors look towards other stock options such as Micron Technology (NASDAQ: MU). Micron's leading HBM3E memory product is in demand for AI applications, contributing significantly to its revenue growth and profitability. Wall Street analysts show a strong buy sentiment towards Micron, predicting promising earnings for fiscal 2025 and considering it a valuable investment option compared to other semiconductor peers like Nvidia.
Source: YAHOO