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

📆 15/03/2024 18:43:00
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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.

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