Micron Stock Gets Hammered Over China Fears — Jim Cramer Calls the Selloff 'Nonsense'
Micron stock drops amid chip selloff, but Cramer and analysts dismiss China risks, citing strong AI demand and long-term supply deals.
Stocks · News reference
Ron Baron believes SpaceX could be worth between $20 trillion and $50 trillion in a decade, led by Starlink and data centers in space.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Micron stock drops amid chip selloff, but Cramer and analysts dismiss China risks, citing strong AI demand and long-term supply deals.
Nvidia's stock has surged 1,000% over the past five years as the leading provider of AI hardware for data center infrastructure. With projected revenue growth of 61% annually through fiscal 2029 and a forward P/E ratio of 25 (only 27% above the S&P 500), analysts see significant upside potential. However, the stock's valuation remains modest due to uncertainty about the durability of the AI boom, making future gains highly uncertain despite strong fundamentals.
T-Mobile parent CEO doubts Starlink Mobile can rival terrestrial networks, while SPCX says new spectrum will expand coverage, competition.
Elon Musk replies 'Yikes' to CoreWeave's 15% bond yield as Chamath Palihapitiya warns of looming AI 'private credit bubble' in tech lending.
Munster says Apple could generate $24 billion annually by offering a $20 monthly subscription for upgraded Siri AI assistant.