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Axon and Rocket Lab rallied while chip stocks sank
TheStreet83d agoneutral
Axon and Rocket Lab rallied while chip stocks sank

SanDisk Corp. (SNDK) closed out the holiday-shortened week as the Nasdaq’s biggest loser, ending Thursday at $1,745 a share, down 26% for the week, according to Seeking Alpha. Micron (MU), Western Digital (WDC), Seagate (STX) and Teradyne (TER) fell alongside it, each posting double-digit weekly ...

Michael Burry doubles down on AI chip bubble with Micron short
TheStreet83d agoneutral
Michael Burry doubles down on AI chip bubble with Micron short

Michael Burry made his name betting against the housing market before the 2008 crash. Now, "The Big Short” investor is turning that same skepticism toward artificial intelligence, and Micron Technology just landed on his watchlist. On July 1, Burry disclosed he shorted Micron (MU) shares at ...

Why Did General Motors (GM) Just Partner With Micron?
Insider Monkey83d agoneutral
Why Did General Motors (GM) Just Partner With Micron?

General Motors Co (NYSE:GM) is one of the Top 10 Extreme Value Stocks To Buy Now. On July 1, General Motors Co (NYSE:GM) and Micron Technology announced a Strategic Customer Agreement to secure a long-term supply of memory and storage products. These components are important for GM’s vehicle production and delivery at scale. This agreement […]

Jim Cramer Believes “Micron’s Become a Secular Growth Story, Not a Cyclical Story”
Insider Monkey83d agoneutral
Jim Cramer Believes “Micron’s Become a Secular Growth Story, Not a Cyclical Story”

Micron Technology, Inc. (NASDAQ:MU) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday’s market rotation. Cramer highlighted the company as a “secular growth story.” He stated: What should I have recommended? Well, how about 10 stocks that were easily in my grasp that I owe […]

Microsoft (MSFT): One of the Best AI and Technology Stocks to Buy Now
Insider Monkey83d agobullish
Microsoft (MSFT): One of the Best AI and Technology Stocks to Buy Now

Microsoft Corporation (NASDAQ:MSFT) is one of the Best AI and Technology Stocks to Buy Now. On June 25, CNBC reported that Microsoft Corporation (NASDAQ:MSFT) will be increasing the price of Xbox game consoles. This comes after Apple announced an increase in prices for MacBooks and iPads. Starting August 1, Xbox Series S consoles, which have 512GB of […]

Jim Cramer gets Micron CEO to reveal what's next for AI chips
TheStreet84d agoneutral
Jim Cramer gets Micron CEO to reveal what's next for AI chips

I have covered Micron more times lately than any other stock on my beat. The Q3 earnings beat was historic. The guidance was historic. The HBM4 shipment disclosure was historic. And yet the stock is now trading near $970, down from a 52-week high of $1,255 reached June 25, as investors ...

Top Invesco Analyst: The AI Trade That “Lifted All Boats” Is Over. Now Profitability Decides Winners As “Capacity Will Catch Up”
24/7 Wall St.84d agoneutral
Top Invesco Analyst: The AI Trade That “Lifted All Boats” Is Over. Now Profitability Decides Winners As “Capacity Will Catch Up”

Invesco’s Fiona Lim says the AI-fueled semiconductor surge is shifting from a broad, momentum-driven rally to a tougher phase where stock picking and profitability will separate winners from laggards. Speaking on Bloomberg’s Insight with Haslinda Amin on July 3, Lim, who manages Asia ex-Japan equities, warned that the easy gains are likely behind investors: “The ... Top Invesco Analyst: The AI Trade That “Lifted All Boats” Is Over. Now Profitability Decides Winners As “Capacity Will Catch Up”

NVIDIA vs Micron: One Controls the AI Platform, Other Controls the Bottleneck. Only One Bet Will Pay Off in 2027.
24/7 Wall St.84d agoneutral
NVIDIA vs Micron: One Controls the AI Platform, Other Controls the Bottleneck. Only One Bet Will Pay Off in 2027.

NVIDIA (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU) both delivered blockbuster earnings tied to the same AI capex wave, yet the businesses behind the tickers look nothing alike. NVIDIA sells the compute platform. Micron sells the memory that feeds it. With $10,000 to allocate, the question is whether you want the ecosystem owner or the picks-and-shovels supplier ... NVIDIA vs Micron: One Controls the AI Platform, Other Controls the Bottleneck. Only One Bet Will Pay Off in 2027.

Veteran Tech Analyst: The Market Has Wrongly Left Software for Dead in the AI Rotation
24/7 Wall St.84d agoneutral
Veteran Tech Analyst: The Market Has Wrongly Left Software for Dead in the AI Rotation

Richard Windsor, founder of Radio Free Mobile, pushed back against the panic gripping AI stocks in a recent episode of Bloomberg Horizons Middle East & Africa. His argument is that the semiconductor tumble reflects rate sensitivity in richly valued names, and the market has overshot on software incumbents by assuming AI will hollow out application ... Veteran Tech Analyst: The Market Has Wrongly Left Software for Dead in the AI Rotation