Tag: MU
-
Goldman Sachs Just Reiterated a Buy on Micron, But…
Shares of Micron Technology (MU) are exploding higher, we noted on Feb. 27. All as Micron begins producing artificial intelligence semiconductors for Nvidia. “AI workloads are heavily reliant on memory bandwidth and capacity, and Micron is very well-positioned to support the significant AI growth ahead through our industry-leading HBM3E and HBM4 roadmap,” Micron Chief Business…
-
Micron is Rocketing Thanks to Nvidia
Shares of Micron Technology (MU) are exploding higher. In fact, on Monday, shares were up about $3.50 a share on a volume spike to 28.8 million shares, as compared to its daily average volume of 14.5 million. All as Micron begins producing artificial intelligence semiconductors for Nvidia. “AI workloads are heavily reliant on memory bandwidth…
-
Here’s Why Micron Technology Could Race Even Higher
Keep an eye on memory stocks, like Micron Technology (MU). The stock gapped up after Samsung said it would cut memory production, which is seen as a “huge positive” for the industry. “This is a big deal,” said Citi analysts, who remind investors that Samsung has a ~50% market share in the DRAM (dynamic random-access…