Should You Buy Micron Technology Stock Before June 25?
The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution, because most development happens in large data centers that are filled with thousands of graphics processing units (GPUs) from chipmakers like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).Micron Technology (NASDAQ: MU) is another leading chip company, but it doesn't supply GPUs, so it receives less attention than the likes of Nvidia. Instead, Micron makes memory and storage chips, which are becoming extremely important for processing AI workloads, not only in data centers, but also in computers and smartphones.Micron is scheduled to release its financial results for its fiscal 2025 third quarter (which ended on May 30) on June 25, and the company's guidance suggests the report could reveal substantial growth at the top and bottom line, driven by AI. Should investors buy the stock ahead of the release? Continue reading
The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution, because most development happens in large data centers that are filled with thousands of graphics processing units (GPUs) from chipmakers like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).
Micron Technology (NASDAQ: MU) is another leading chip company, but it doesn't supply GPUs, so it receives less attention than the likes of Nvidia. Instead, Micron makes memory and storage chips, which are becoming extremely important for processing AI workloads, not only in data centers, but also in computers and smartphones.
Micron is scheduled to release its financial results for its fiscal 2025 third quarter (which ended on May 30) on June 25, and the company's guidance suggests the report could reveal substantial growth at the top and bottom line, driven by AI. Should investors buy the stock ahead of the release?
