The Latest Breaking News from MU

Semiconductors’ prominent role in advancing various applications across different sectors is well-known, but the demand for powerful chips is expected to skyrocket to power AI and other new-age technologies. Given this backdrop, investors could consider buying quality semiconductor stocks such as Advanced Micro Devices (AMD), Micron Technology (MU), and NVIDIA…

Micron Technology has recently outperformed the Dow Jones, and Wall Street analysts expect further gains for the stock.

Markets eked out gains in a low-volume session that was more focused on upcoming earnings from NVDA.

Micron Technology outshines many of its peers and the broader market this year, and Wall Street analysts are bullish about the stock's prospects.

The Street-high target prices for these two chip stocks imply gains of 27% to 82% in the next 12 months.

Thanks to promising DRAM market trends, this semiconductor stock is poised for a potential surge amid an anticipated 'super cycle' upswing this year.

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Given growing industry-specific applications and the rising penetration of new digital technologies, the semiconductor industry’s prospects appear bright. So, let’s analyze NVIDIA (NVDA) and Micron Technology (MU) to determine which of these chip stocks will boost returns in May. Keep reading.

Despite the semiconductor sector market correction, Wall Street expects this chip stock to rise as much as 106% over the next 12 months. Is this an attainable goal?