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Stock impact report

These Chip Stocks Could Rocket in 2025, According to Wall Street [Yahoo! Finance]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Yahoo! Finance
Demand for chips can experience downturns, especially during economic recessions, but history shows that more advanced devices and technologies require more powerful processors, which creates an upward-sloping demand curve. In the near term, artificial intelligence (AI) continues to be a key sales catalyst for leading chip suppliers. IDC's latest report projects the semiconductor market will grow 15% in 2025, led by AI demand. This could spell a great buying opportunity for stocks that have recently fallen in value. Two stocks earning high praise on Wall Street are Advanced Micro Devices (NASDAQ: AMD) and Micron Technology (NASDAQ: MU) . These stocks are trading well off their recent highs but have been reporting robust revenue growth from the data center market. The average Wall Street price target is 55% higher than AMD's share price of roughly $121 and 53% above Micron's share price hovering near $87. Let's take a deeper look at these companies to see if it's a smart move to Show less Read more
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