The main piece of news driving Micron stock higher was that Nvidia will be using Micron's high-bandwidth-memory (HBM) in its new GeForce RTX 50 Blackwell GPUs that undergird its new advanced AI platform.
Micron Technology stock is the top performer in the this year, and while analysts are generally optimistic about its performance, some have lingering doubts. The stock rose 2.7% to $101.91 on Monday after Nvidia CEO Jensen Huang said that Micron was providing memory for the graphics-processing units of the company’s RTX 50 videogame chips.
We recently compiled a list of the 8 Companies That Partnered With Nvidia (NVDA) This Month. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other stocks that partnered with NVIDIA this month.
According to data from S&P Global Market Intelligence, the stock finished the month down 14%. As you can see from the chart, shares fell sharply after the earnings report came out in the middle of the month and stayed down from there.
Talk about artificial intelligence and you immediately think about Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), or even Palantir Technologies (NASDAQ:PLTR). But what if you have it all wrong? What if the future of AI is really Micron Technology (NYSE:MU)?
Micron stock surges after Nvidia CEO praises their chips at CES. But mixed technical signals may impact the rally.
Nvidia jumped during early market action on Monday after Foxconn Technology reported its highest fourth quarter revenue on record. Read more here.
Nvidia stock briefly touched a new record Tuesday following a high-profile speech from its billionaire leader Jensen Huang, but surprisingly reversed quickly to a significant daily loss, headlining a surprise stark selloff across technology stocks.
Bull markets are often built on themes, and it’s clear which one has been driving the current one’s gains. It’s all about AI, of course, with the
After an underwhelming end to last year, Micron Technology Inc. shares have been hot to start 2025, rising 18% to lead S&P 500 gainers on the year.