News Formal

This Nvidia derivative play is on fire ahead of earnings next week. How to trade it from here

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Investors looking for artificial intelligence exposure outside of Nvidia directly were rewarded in Micron (MU), up 70% in one year.

Investors looking for artificial intelligence exposure outside of Nvidia directly were rewarded in Micron , up 70% in one year. I'll discuss a smart options trade from here following Micron's stock run and ahead of its earnings next week. Micron is one of the largest semiconductor companies in the world, specializing in high-bandwidth memory and storage chips, yet it is a fraction of the size of Nvidia at only $100 billion in market value to Nvidia's $2.2 trillion.

Click here for the full disclaimer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia Surpasses Entire Crypto Market as AI Hype Picks Up SteamNvidia's market cap has surpassed $2 trillion, outstripping the entire crypto market's valuation
Source: Utoday_en - 🏆 295. / 63 Read more »