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Micron, which operates its own foundries, produces denser memory chips than its South Korean competitors. An illustration of a semiconductor. Image source: Getty Images.
Wall Street's consensus estimate (provided by Yahoo!) suggests Micron could deliver $8.90 in earnings per share during the current fiscal year 2025, which places its stock at a forward P/E ratio ...
Micron isn't the world's biggest producer of DRAM and NAND chips but develops denser chips than its larger competitors. That technological edge makes it a preferred memory-chip supplier for high ...
If Micron matches analysts' expectations and still trades at 15 times earnings by the end of fiscal 2027, its stock price could rise nearly 80% to $165 and boost its market cap to about $185 billion.
Best Semiconductor Stocks to Buy: Intel Stock vs. Micron Stock. Parkev Tatevosian, CFA, The Motley Fool. September 18, 2024 at 5:38 AM.
1. Micron Technologies. Micron is one of the world's top manufacturers of DRAM and NAND memory chips. It doesn't lead either market, but it produces denser and more power-efficient chips than its ...
Semiconductors are increasingly being used in different applications, including 5G, data centers, Internet of Things (IoT), mobiles and automotive applications. According to a Fortune Business ...
These top chip stocks will help investors cash in on the insatiable demand for AI technology.