Intel and Micron Positioned to Ride AI Wave with New Chips and Sold-Out Memory Products
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Intel is fighting back against competitors with new AI-focused chips and expects AI PCs to drive growth. Stock could reach $74 by 2026.
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Micron's memory products are sold out into 2024 due to AI demand. Earnings projections show potential for 80% stock upside by 2026.
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Nvidia is everyone's favorite AI stock, but Intel and Micron provide alternative ways to invest in AI.
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Semiconductor industry rebound is fueling growth for Intel and Micron.
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AI requires advanced processors as well as memory and storage solutions, positioning Micron and Intel to benefit.