Semiconductor Revenue Surges 2024
This is a news story, published by Yahoo Finance, that relates primarily to Micron news.
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semiconductor marketThe Motley Fool
•Semiconductor Sales Could Keep Soaring in 2025: 1 Top Stock to Buy Hand Over Fist Before That Happens
78% Informative
Global semiconductor industry's revenue expected to jump 16% in 2024 to $611.2 billion .
Memory is expected to be the fastest-growing semiconductor segment next year as well.
Micron Technology ( NASDAQ : MU ) could help investors tap this fast-growing niche of the semiconductor market.
Investors can expect solid gains over the next couple of years from this stock.
Micron 's earnings could hit $ 8.91 per share in the current fiscal year before jumping to $ 12.80 in fiscal 2026 .
Micron is trading at just 12.5 times earnings right now, investors are getting a good deal on this tech stock that seems set to skyrocket.
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