Is the DeepSeek panic over? Stocks involved in the AI infrastructure build-out saw a punishing sell-off on Monday. Many leading names in the trade like Vertiv (NYSE: VRT) and Credo (Nasdaq: CRDO) dropped by more than 30% in a day.
Headquartered in Boise, Idaho, Micron Technology, Inc. (MU) is a global leader in semiconductor solutions, driving innovation in memory and storage technologies. With a market cap of $99.2 billion, Micron designs and manufactures advanced DRAM,
Micron Technology's growth is driven by AI development and US government support. Click here to read more about MU stock and why it is a Buy.
In January 2016, Micron was in the midst of another industry pullback. However, it proved to be a fortuitous time to buy. Those who invested $10,000 at the low of $9.68 per share and held would now have 1,033 Micron shares, worth about $106,800 today!
Risks include the cyclical nature of the semiconductor market and potential AI CapEx overbuild, but current valuations present opportunities for investors. Although earnings beat estimates, expectations came in lower than expected,
DeepSeek released an open-source artificial intelligence model in December, saying it took only two months and less than $6 million to create it.
Shares of memory chips maker Micron (NYSE:MU) fell 10.4% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,
Micron (NASDAQ: MU) makes memory chips and storage for phones and computers. However, these chips can also be used for data centers and it is now one of the key players in the AI business. The stock is down 24% from its peak but analysts are eyeing a massive rebound here.
Investors piled back into Nvidia and other U.S. AI stocks Tuesday, although recent volatility had some on Wall Street tempering their expectations.
The world’s largest memory chipmaker is fighting to narrow the lead arch-rival SK Hynix has in the AI arena. Read more at straitstimes.com.
Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence boom, has been dealt a tough reality check by a small Chinese company that showed it could do more
Eaton Corporation on Friday forecast 2025 adjusted profit above Wall Street estimates, expecting demand for electrical equipment to remain strong due to an artificial intelligence-related data center boom.