Menu

Buy Micron, Nvidia Ahead Of Trump-Xi Summit
📰
0

Buy Micron, Nvidia Ahead Of Trump-Xi Summit

Seeking Alpha·Uttam Dey·22 days ago
#sMwMOAHF
#source#chevron#alpha#china#nvidia#investment
Reading 0:00
15s threshold

Home Stock Ideas Quick Picks & Lists Summary Micron Technology, Inc. and Nvidia Corporation are poised to benefit from the Trump-Xi summit, which targets improved U.S.-China tech relations and supply chain security. The talks will focus on resolving supply chain bottlenecks, securing market access, and finding consensus on geopolitical divergences & AI, but the stakes for Micron & Nvidia couldn't be higher. Nvidia could see a $2-5B quarterly revenue boost if U.S.-China tensions ease, potentially lifting its valuations multiple from currently depressed levels. Micron seeks to resolve regulatory hurdles and lift the China server memory ban, which could revive its flailing China revenues and support further growth. I reiterate a bullish rating on both Nvidia and Micron, citing structurally strong demand and anticipated positive outcomes from the summit.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More