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.
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.
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.
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.
CES NVIDIA's memory and storage play an important role in AI training and inference and his presentation showed how they enable modern AI solutions.
Micron stock surges after Nvidia CEO praises their chips at CES. But mixed technical signals may impact the rally.
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)?
Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.
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.
AICTE data shows rise in B.Tech seats, shift towards CSE, AI, and semiconductor jobs, urging colleges to adapt.
Learn more about the two research projects that Argonne National Lab will oversee as part of DOE's Microelectronics Science Research Centers.