2 Red Hot Semiconductor Stocks to Buy – 10/27

2024 was a solid year for the global semiconductor market.

All thanks to substantial demand for chips for artificial intelligence, a turnaround in the smartphone market, and a recovery with personal computers. All of which is expected to push global semiconductor revenue to $611.2 billion, up 16% from 2023. 

2025 could be even better.

In fact, the industry believes earnings could jump another 12.5% next year to $687.5 billion.

That could all have a big impact on semiconductor stocks, including:

Company: Micron Technology (SYM: MU)

Some of the biggest beneficiaries of the semiconductor boom could be memory stocks, such as Micron Technology (SYM: MU).

That’s because, according to TrendForce.com, “DRAM and NAND Flash revenues are expected to see significant increases of 75% and 77%, respectively, in 2024, driven by increased bit demand, an improved supply-demand structure, and the rise of high-value products like HBM. Furthermore, industry revenues are projected to continue growing in 2025, with DRAM expected to increase by 51% and NAND Flash by 29%, reaching record highs.”

Helping, analysts at Raymond James recently raised its price target on MU to $140, citing strong fourth quarter numbers and memory cycle optimism.

Paradigm Press

EXPOSED: The Dems’ Illegal Plot to Keep Trump Out of Office

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Former CIA Advisor Jim Rickards is putting his career on the line.

After accurately predicting Biden’s drop out, he’s now exposing the Democrats’ plan to keep Trump out of the White House… even if he wins the election.

We may be headed towards societal meltdown. Please keep this information confidential.


WATCH the Live Presentation.

Company: Advanced Micro Devices (SYM: AMD)

According to analysts at Oppenheimer, AMD’s upcoming earnings should continue to show solid growth in its data center segment. 

“Management has impressively grown AMD’s AI franchise from nil to ~$4B over just the past year,” said Oppenheimer, as quoted by Seeking Alpha. “Unfortunately, investor expectations have consistently remained out of reach. Initial expectations for ~$8B MI300 sales earlier this year are now closer to $5B, based on our discussions.”

Piper Sandler reiterated an overweight rating on the AMD stock with a $200 price target.

After attending AMD’s artificial intelligence event, the analyst remains “enthused” about the company’s prospects, particularly around its data center and GPU offering, noted TheFly.com.

Brownstone Research

Next AI Shock: November 19th?

According to Jeff Brown, the tech legend who predicted the rise of Bitcoin, Nvidia, and Tesla…

We could have an AI market shock as soon as November 19th. And this is all happening in part thanks to Bill Gates and his Stargate project.

Most people don’t realize we’re moments away from a seismic shift.

If you want a chance to end up on the winning side of this shift, click here now to get the details.

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