1 Super Semiconductor Stock (Besides Nvidia or AMD) to Buy Hand Over Fist for the Artificial Intelligence (AI) Revolution
The artificial intelligence (AI) revolution wouldn't be possible without the semiconductor industry. The majority of development happens inside data centers that are filled with graphics processing units (GPUs) from leading suppliers like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).However, AI workloads are also demanding more memory and storage capacity not just in data centers, but also in personal computers (PCs) and smartphones, and Micron Technology (NASDAQ: MU) is a top supplier of that hardware. The company just released its financial results for its fiscal 2025 second quarter (ended Feb. 27), and they revealed soaring revenue led by AI-related demand.Here's why Micron stock could be a great buy for investors seeking exposure to the AI boom.Continue reading
The artificial intelligence (AI) revolution wouldn't be possible without the semiconductor industry. The majority of development happens inside data centers that are filled with graphics processing units (GPUs) from leading suppliers like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).
However, AI workloads are also demanding more memory and storage capacity not just in data centers, but also in personal computers (PCs) and smartphones, and Micron Technology (NASDAQ: MU) is a top supplier of that hardware. The company just released its financial results for its fiscal 2025 second quarter (ended Feb. 27), and they revealed soaring revenue led by AI-related demand.
Here's why Micron stock could be a great buy for investors seeking exposure to the AI boom.
