Prediction: 1 Semiconductor Stock That Will Be Worth More Than Micron by 2028
While Micron and other chipmakers build out capacity, this semiconductor stock could be the big beneficiary.
Overview
Micron Technology (NASDAQ: MU) is the latest AI semiconductor stock to join the $1 trillion club. The memory chipmaker has been one of the hottest stocks over the last 12 months, climbing nearly 800% as of this writing. And some analysts think the stock can continue climbing higher from here.
But investors may be better off buying a different semiconductor stock. A giant in its own right, it's already worth about $650 billion. Investors could find that the company is worth more than Micron by 2028.
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.