Beyond Nvidia: Why Lam Research, Oracle, and Micron Technology Are Prime AI Investments in 2024
While Nvidia (NASDAQ: NVDA) might be the poster child for the business side of artificial intelligence (AI), the true depth of this technological revolution lies in its vast ecosystem. In this arena, many players contribute to AI's expanding horizon from very different angles.
Three seasoned Motley Fool contributors have spotted opportunities that venture beyond Nvidia's glamorous, but perhaps overpriced, AI success. They spotlight Lam Research (NASDAQ: LRCX), a titan in semiconductor equipment, Oracle (NYSE: ORCL), a cloud-computing giant pivoting to AI, and Micron Technology (NASDAQ: MU), a key player in the indispensable memory sector. Each business is uniquely positioned to thrive in the AI era, promising robust stock returns along the way.
In the quest for AI dominance, there's more to the story than just one company. Let's see what savvy investors can learn from this diverse collection of AI insights and promising investment ideas.
Source Fool.com
Micron Technology Inc. Stock
With 95 Buy predictions and 4 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 110 € there is a positive potential of 28.03% for Micron Technology Inc. compared to the current price of 85.92 €.
