Semiconductor companies remain popular, with NVIDIA, Taiwan Semiconductor, and AMD leading the way. The NVIDIA GTC conference will be held late tonight, with NVIDIA rising more than 2% pre-market, Taiwan Semiconductor up over 1.7%, and AMD up over 1%.
Blockchain concept stock MSTR ranks fifth in popularity. MicroStrategy is the publicly listed company with the most BTC holdings globally, holding around 205,000 BTC as of March 10th. Calculations show that the current profit exceeds $5 billion. The current BTC price has fallen to around $68,000.
Tesla ranks sixth in popularity, with a pre-market increase of over 3%; Boeing ranks eighth, with a pre-market decline of over 1%.
Micron Tech ranks ninth in popularity, rising 2.6% pre-market to $95.6. They will release their earnings report after market close on March 20th. Citigroup reaffirmed a &#34;buy&#34; rating for Micron Tech and significantly raised the target price from $95 to $150.
Furthermore, Wall Street analysts generally expect that the growth in revenue from Micron Tech's DRAM memory chips and HBM memory systems will help the company significantly reduce losses. The earnings report is also expected to provide more detailed information on the HBM memory supplied to NVIDIA for their new AI hardware systems.
It is widely expected that the AI revolution will bring about a huge demand for storage chips.
Since March, several investment banks have raised the target price for Micron Tech.
Source: apewisdom, most discussed stocks in the past 24 hours
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Before the financial report was released, Citigroup significantly raised Micron Technology's target price from $95 to $150

WSB Discussion | Is Micron Technology the next hot semiconductor stock?