If You'd Invested $10,000 in Micron After Its IPO, Here's How Much You Would Have Now.
You would have scored a spectacular win.
Overview
In the first wave of the artificial intelligence (AI) boom, everyone was talking about Nvidia, the world's biggest AI chip designer, and cloud companies such as Amazon and Microsoft. And those companies continue to be key AI players.
But in recent times, investors have recognized a new group of AI companies, and they have been leading the pack when it comes to stock performance. I'm talking about memory and storage companies, and one of the leaders is Micron Technology (NASDAQ: MU).
Details
Micron has seen its stock skyrocket over the past few years thanks to the crucial role it plays in the AI story. If you'd invested $10,000 in Micron around the time of its initial public offering, how much would you have now? Let's find out.
Source
Originally published at www.fool.com.