Reported 1 day ago
In a recent discussion about semiconductor stocks, GraniteShares CEO Will Rhind advised investors to buy Micron Technology, highlighting its potential growth in the AI market despite current challenges, such as negative guidance and a lower share price. He emphasized the company's established relationship with Nvidia and predicted a bright future for Micron in the memory chip sector. Conversely, he suggested avoiding Intel, citing its declining market share and uncertainty following CEO Pat Gelsinger's departure, raising concerns about the company's long-term viability amid its reliance on government support.
Source: YAHOO