Looking for a Bargain? 1 Artificial Intelligence (AI) Chip Stock to Buy the Dip Hand Over Fist. (Hint: It's Not Nvidia.)
Many leading chip companies have witnessed pronounced sell-offs so far in 2025.
This year has been absolutely brutal for technology stocks so far. In particular, the semiconductor industry has witnessed some notable sell-offs. As of market close on March 21, shares of Nvidia were down 12% on the year. Peers such as Taiwan Semiconductor Manufacturing and Broadcom have declined by 10% and 17%, respectively.
But one chip stock that has actually outperformed many of its peers so far in 2025 is Micron Technology (NASDAQ: MU), with a gain of roughly 12%. Despite these gains, Micron remains relatively under the radar in the artificial intelligence (AI) arena, and the stock is an absolute bargain right now.
Let's dig into why the company is quietly emerging as an important player in the chip space and assess its valuation relative to its peers.
