Micron & 2 Profitable Stocks to Buy in July for Explosive Upside - Zacks Investment Research

This article from Zacks Investment Research highlights profitable semiconductor and technology stocks with strong growth potential. It identifies Micron Technology, Credo Technology Group, and TD SYNN... Read original →

Micron’s Zacks Rank #1 designation signals a firm bottom in the memory cycle. This triggers upstream demand for HBM3E and LPDDR5X materials and pressures TSMC to reallocate CoWoS capacity toward AI-optimized DRAM. U.S. export controls have raised Micron’s China-based assembly/test costs by 15–20%, accelerating its supply chain diversification into India and Malaysia. With Samsung and SK hynix racing toward HBM4, Micron must lock in premium pricing by co-developing CXL memory modules with NVIDIA. Over the next 18 months, AI server DRAM bit demand will surge over 40% annually, and as global inventories normalize, Micron is positioned to shift from price taker to price setter—re-rating the entire specialty memory sector.