The semiconductor market is having a stellar 2024, and 2025 looks even better, driven by catalysts such as AI.2024 is turning out to be a solid year for the global semiconductor industry, driven by multiple catalysts. These include the booming demand for chips that can manage artificial intelligence (AI) workloads, a turnaround in the smartphone market's fortunes, and a recovery in the personal computer (PC) market.These factors explain why the global semiconductor industry's revenue is expected to jump 16% ...

After slumping around 50% in 2022, Micron Technology, Inc.'s (NASDAQ: MU ) latest resurgence is here to stay. As discussed below, the technicals are net positive in all time frames as the stock remains in an uptrend. In addition, the fundamentals look strong asI'm a technically-oriented Canadian investor with a focus on U.S. markets, particularly in tech and financials. I graduated with a Bachelor of Commerce Degree with Distinction, with a major in Finance. I'm also a proud lifetime member of the Beta Gamm ...

Core Viewpoint - The article highlights two stocks, Roku and Micron, as potential investment opportunities poised for a rebound, emphasizing their growth prospects and current valuations. Group 1: Roku - Roku is the leading streaming-distribution platform in the U.S., but its stock has declined significantly from pandemic highs [2] - In Q2, Roku's revenue grew by 14% to $968.2 million, and it has been profitable on an EBITDA basis for four consecutive quarters, generating free cash flow of $317.9 million [2][3] - Roku's user base increased by 14% to 83.6 million, with streaming hours rising 20% to 30.1 billion, indicating higher customer engagement [3] - The company forecasts revenue acceleration in Q4 and into 2025, with a current price-to-sales (P/S) ratio of 3, suggesting significant upside potential [4] Group 2: Micron - Micron has benefited from the AI boom, reporting strong growth and expanding profit margins, although its stock has retreated from June peaks due to concerns over valuations [5] - In fiscal Q4, Micron's revenue nearly doubled year-over-year to $7.75 billion, and it reversed an adjusted per-share loss of $1.07 to a profit of $1.18 [6] - The company anticipates continued margin expansion and revenue growth, driven by AI demand and a rebound in PC and smartphone sales, with a forward price-to-earnings (P/E) ratio of 12 indicating potential for stock appreciation [5][6]

Micron Technology Inc. (NASDAQ: MU) has experienced a volatile 2024, marked by extreme highs and significant pullbacks. Now, market indicators suggest Micron stock could see a significant rally in 2025.After experiencing a strong downtrend at the start of September and trading near $87 for much of the month, the Idaho-based semiconductor giant has sharply rebounded in recent weeks, with a nearly 30% rally pushing the stock to $112.Micron five-day price chart. Source: Google FinanceWith several key factors w ...

After a near-perfect 2023 in terms of gains, this year has been a return to reality for shares of semiconductor tech giant Micron Technology Inc NASDAQ: MU. After soaring 220% from the start of 2023 through this past June, its shares took a dive into September, falling 45%. However, in the past couple of weeks, Micron has bounced back with a 30% rally, and there are reasons to think we could be in for even more gains as we head into the final months of the year.The Idaho headquartered company, with a market ...

The company recovered from the semiconductor swoon yesterday and unveiled a new type of DDR-5 memory.Micron Technology (MU 4.75%) was caught up in yesterday's semiconductor swoon after ASML Holdings (ASML -6.51%) gave soft guidance for 2025. However, today it appears Micron is bouncing back from those fears, which were likely overblown in Micron's case. Shares of the memory chip leader surged 5% today as of 2:38 p.m. ET.In addition, the company unveiled new DDR-5 products for artificial intelligence (AI) PC ...

Do two things to further your tech portfolio. First, click the 'Follow' button below next to my name. Second, if you want more of this two-fold fundamental and chart analysis, step up to being a paid subscriber to my Investor Group Tech Cache with a two-week free trial and read more of this type of analysis on other tech stocks and assets.In my last article in August , I outlined how the fundamentals for Micron Technology, Inc. (NASDAQ: MU ) were still holding up in this memory cycle. But I wanted to hear b ...

As an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and actively seek out opportunities that align with my risk-taker mindset. In addition to my appetite for growth, I also understand the importance of balancing the portfolio with low-volatility dividend-playing names to be a well-rounded investor. In my analysis ...

This semiconductor company is poised to benefit from the rising effectiveness of AI.Micron (MU 1.16%) is preparing to capitalize on an upswing in the semiconductor industry as AI drives increasing demand.*Stock prices used were the afternoon prices of Oct. 9, 2024. The video was published on Oct. 11, 2024. ...

If you're worried about investing in Nvidia at its current valuation, you may want to take a closer look at these two other names.Nvidia (NVDA 1.63%) seems well on its way to end another year with stunning gains. Shares of the semiconductor giant have shot up more than 150% so far in 2024 after a stellar performance last year, and there is a good chance that it can continue to fly higher.After all, Nvidia management points out that the demand for its artificial intelligence (AI) chips continues to remain so ...