Tag: semiconductors
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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…
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AMD Broke Out, as Hoped
Just a few days ago, we again highlighted the opportunity in Advanced Micro Devices (AMD). In fact, we noted, “If AMD can break above $88.94 resistance, the stock could run back to $100 a share. Better, not only has growth been explosive, but the company continues to chip away at competitor market share, which should…