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Jim Cramer Explains Why Micron Technology Looked Expensive but Was Ridiculously Cheap
Insider Monkey76d agoneutral
Jim Cramer Explains Why Micron Technology Looked Expensive but Was Ridiculously Cheap

Micron Technology, Inc. (NASDAQ:MU) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. Cramer highlighted the company’s growth in earnings, as he commented: Micron seemed ridiculously expensive on trailing earnings when 2025 began. The company earned just over $1 per share in fiscal 2024, which ended […]

Broadcom Stock Punished Over Lack of AI Guidance Boost
The Wall Street Journal76d agoneutral
Broadcom Stock Punished Over Lack of AI Guidance Boost

$300 billion That's roughly how much market value Broadcom is slated to lose today after its results last night sent its shares sliding 13% premarket. The move underscores the high bar that companies tied to AI are now facing: The semiconductor and software maker logged strong quarterly revenue—fueled by demand for its AI chips—but left its 2027 outlook unchanged, sticking with guidance for AI semiconductor revenue of more than $100 billion.

Micron Locks In Long Term AI Memory Deals As Valuation Stretches
Simply Wall St.76d agoneutral
Micron Locks In Long Term AI Memory Deals As Valuation Stretches

Micron Technology (NasdaqGS:MU) is restructuring customer agreements with new long-term contracts tied to multi-year supply commitments. The company is responding to historic AI-driven demand and tight industry-wide supply for high-bandwidth memory. These contracts aim to create more predictable supply arrangements during a period of memory shortages. Micron Technology is entering this shift following strong recent stock performance, with NasdaqGS:MU at a current share price of $1,079.57...

Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7
24/7 Wall St.77d agoneutral
Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7

The Magnificent 7 has a new challenger. Strategist Ben Emons, in a post amplified by Bloomberg’s Joe Weisenthal on X, has dubbed a basket of seven semiconductor and AI-hardware names the “Parabolic 7.” Weisenthal’s shared data suggests that the group has vastly outperformed both the Magnificent 7 and the SOX semiconductor index since mid-2025. The ... Move Over, Magnificent 7. Traders Are Flocking to SanDisk, Marvell, Micron, and the Parabolic 7