This chipmaker 'can be a leader' that sparks gains in other semiconductor stocks, Cramer says
Publishing timestamp: 2023-09-18 10:54:52
Summary
The article discusses how Micron Technology is a stock to watch within the semiconductor industry. Deutsche Bank recently upgraded Micron shares and raised its price target, suggesting that the worst of the downcycle is behind the company. CNBC's Jim Cramer also believes that Micron could be a leader within the industry. The article mentions other semiconductor companies such as AMD, Nvidia, and Broadcom, and their importance within the Information Technology sector.
Sentiment: POSITIVE
Tickers: AMD, .SPLRCT, AVGO, NVDA, .SOX, MU, .SPX,
Keywords: markets, s&p 500 index, business news, advanced micro devices inc, micron technology inc, jim cramer, nvidia corp, phlx semiconductor sector index, breaking news: markets, investment strategy, broadcom inc, investingclubsample, stock takes, s&p 500 information technology sector,