This Hot Artificial Intelligence (AI) Semiconductor Stock Will Skyrocket After June 25
From Yahoo Finance: 2025-06-07 18:37:00
Micron Technology stock is on fire, set to release quarterly results on June 25. The company’s revenue and earnings are booming, driven by high demand for memory chips. Micron’s stock valuation is attractive, making it a compelling buy before earnings. Expect significant growth in revenue and earnings, fueled by demand for high-bandwidth memory chips and AI integration. Micron’s HBM chips are powering Nvidia’s Blackwell systems, with potential for surpassing revenue guidance. Micron plans to increase HBM chip prices by 11%, reflecting strong demand and scarcity. Micron’s earnings are expected to surge, with more chipmakers integrating HBM into their platforms, driving growth. The stock’s impressive rally is supported by projected earnings growth of 437% this year and 57% next year, making it a strong buy. Consider investing in Micron before its earnings report for potential gains. Check out the Motley Fool’s top 10 stock picks for more investment opportunities.
Read more: This Hot Artificial Intelligence (AI) Semiconductor Stock Will Skyrocket After June 25