Reported about 1 year ago
Micron Technology's stock has surged 160% since 2023, signaling the end of the semiconductor bear market and a rise in demand for AI and accelerated computing. Despite a slight pullback after third-quarter fiscal year 2024 update, Micron's solid financial performance has given a positive outlook for AI chip stocks. The company's focus on HBM3e and comments on manufacturing capacity being booked through 2025 indicate strong growth potential, making Micron a key player in the AI infrastructure industry.
Source: YAHOO