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many chip companiesThe Motley Fool
•77% Informative
Micron Technology ( NASDAQ : MU ) is quietly hovering under the radar right now.
Nvidia develops a series of sophisticated computer chips called graphics processing units (GPUs) These play a big role in generative AI applications such as machine learning, training large language models (LLMs) Micron 's core product is called the High Bandwidth Memory (HBM) 3E, which is layered on Nvidia 's GPUs.
Micron is well-positioned to continue benefiting from the AI boom.
Stock Advisor service has more than quadrupled the return of S&P 500 since 2002
. Adam Spatacco has positions in Nvidia and Advanced Micro Devices .
The Motley Fool recommends Intel and recommends the following options: long January 2025 $ 45 calls on Intel and short August 2024 $ 35 calls.
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