Micron, Moody’s, Digital Realty and a Health Care Stock on CNBC’s ‘Final Trades’
CNBC traders picked Micron, Digital Realty, Natera and Moody’s; Natera raised FY2026 sales guidance after strong results, while Moody’s missed estimates.
Follow the latest Micron Technology, Inc. (MU) news and market headlines alongside the live MU price. Stay informed on what's moving MU.
CNBC traders picked Micron, Digital Realty, Natera and Moody’s; Natera raised FY2026 sales guidance after strong results, while Moody’s missed estimates.
Micron (MU) stock held steady near $791 Friday after gaining 16% in five days amid NVIDIA’s CEO exit. See why analysts target $1,622 ahead of December earnings.
Anthropic's potential IPO could be a significant event for AI stock investors, particularly benefiting semiconductor and chip companies like Nvidia, AMD, Micron, and Broadcom that supply AI infrastructure and components.
Micron Technology has experienced extreme volatility since October, with the stock moving 5% or more on a third of trading days and dropping 30% in five days ending Nov. 5. Despite strong fiscal Q4 results showing 380% revenue growth and 87% gross margins, the author recommends sizing positions at no more than 5% of a portfolio to manage the risk of potential 50% declines, suggesting the stock trades on sentiment about memory chip price cycles rather than fundamentals.
The Nasdaq achieved a bullish follow-through day signal with a 2.31% gain on heavy volume, signaling renewed institutional appetite for AI stocks. Despite NVIDIA CEO Jensen Huang's resignation due to personal scandal, the market showed resilience with NVIDIA shares recovering losses. Neocloud providers CoreWeave and Nebius reported exceptional revenue growth, while Micron regained its 200-day moving average. Hyperscaler CAPEX spending is projected to nearly double from $750 billion to $1.4 trillion next year, supporting continued AI investment momentum.
CoreWeave reported strong Q3 results with 168% YoY revenue growth and $132.5B in backlog, raising its 2026 outlook. The AI cloud provider stated it has 10x more qualified demand than available capacity through 2027. While CoreWeave is not a direct Micron customer, the report signals strong data center demand. Micron remains supply-constrained through 2028, with pricing power likely to benefit more than volume growth. The analyst views Micron stock as worth buying at current valuations despite being down from its peak.
Micron Technology has delivered exceptional financial results in 2026 with revenue up 256% and EPS up 811%, driven by AI infrastructure demand and memory chip shortages. However, recent U.S. midterm election results favoring stricter AI regulation pose risks to data center expansion and future demand. Analysts project the stock could reach $831 by end of 2027 (15% upside), though significant uncertainty remains around regulatory impact and when the memory shortage will end.
Micron (MU) stock fell over 5% Thursday after NVIDIA CEO Jensen Huang resigned. See how Nvidia’s leadership shakeup impacts Micron’s technicals and Wall Street outlook.
Nvidia CEO Jensen Huang resigned following reports of alleged affairs, causing Nvidia stock to plunge 5.9% and triggering a broader selloff in related semiconductor stocks. Micron stock fell 4.8% due to concerns that Nvidia's leadership crisis could slow AI chip demand, which would reduce demand for Micron's memory chips used in data centers paired with Nvidia GPUs. However, the author notes this is a risk rather than a certainty, as other AI chip makers could fill the gap.
Zacks highlights three profitable semiconductor and storage companies as investment opportunities based on strong net income margins and earnings growth potential. Micron Technology, NVIDIA, and Sandisk are identified as stocks with Zacks Rank #2 ratings, featuring net profit margins between 63.7% and 67%, and expected earnings growth rates ranging from 95% to 221.4%.
The AI robotics industry is projected to grow at 32% CAGR through 2033. Nvidia and Micron are well-positioned to capitalize on this boom as all humanoid robots require GPUs and memory chips. Despite recent leadership concerns at Nvidia, both companies show strong fundamentals with impressive revenue growth and profit margins.
Wall Street analysts have significantly underestimated AI infrastructure spending by hyperscalers, with 2026 capex forecasts revised upward 50% to $800 billion and 2027 forecasts up 75% to $1.1 trillion. This sustained underestimation benefits semiconductor companies Nvidia, Micron, Broadcom, and AMD, though all four stocks currently trade below their highs. Micron offers the best valuation with a PEG ratio of 0.2, while Wall Street projects 117% upside for Micron, 88% for Nvidia, 58% for Broadcom, and 26% for AMD.
Q3 earnings season shows strong broad-based growth with S&P 500 earnings up 24.6% and revenues up 13.5%. Tech and Energy sectors lead growth, though Tech sector beat rates are average. Positive revisions trend continues for Q4 2026 and full-year 2027 estimates, with 10 of 16 sectors showing increased 2027 estimates.
Wall Street staged a strong recovery on November 11 as AI enthusiasm returned, lifting technology and semiconductor stocks. The Nasdaq climbed 1.60% to 25,466, while the S&P 500 gained 1.29% to 7,618. CoreWeave surged 24.71% on record earnings and improved revenue outlook, while Micron Technology and Oracle also posted significant gains. However, underlying economic concerns about inflation and elevated valuations persist.
Despite recent market volatility and a significant correction in AI and semiconductor stocks, global AI infrastructure spending reached $121.4 billion in Q2 2026 with strong year-over-year growth. The article highlights three fundamentally strong AI stocks—Arista Networks, Taiwan Semiconductor Manufacturing Company, and Micron Technology—as attractive alternatives to NVIDIA, each showing robust revenue growth and positive earnings revisions.
Micron Technology has experienced a brutal 28% decline over the past month despite a historic 773% surge since early 2025, driven by AI infrastructure demand. While the company's fiscal 2026 revenue and net income grew 256% and 895% respectively, concerns about AI bubble fears and cyclical memory market peaks are weighing on the stock. The author suggests the sell-off presents a buying opportunity for long-term investors willing to tolerate high volatility, recommending dollar-cost averaging rather than lump-sum investments.
SK hynix is well-positioned to capitalize on growing AI data center investments and rising demand for high-performance memory solutions. The company has begun mass production of HBM4 chips and expects them to surpass HBM3E in shipment volume and revenue by Q4 2026. With cloud providers expected to increase capex by 60%+ in 2027 and AI data center buildout growing at 40% CAGR through 2030, SKHY trades at a valuation discount (P/E of 3.51X vs. industry average of 9.47X) and currently holds a Zacks Rank #3 (Hold) rating.
Micron stock surged 11.46% following CoreWeave's strong Q3 earnings report. CoreWeave beat analyst expectations on revenue ($3.66B) and earnings, and raised full-year 2026 guidance to $13.0-13.3B in revenue. The company also announced $37-39B in capital investment spending, which will drive demand for Micron's memory chips used in data centers. CoreWeave's path to profitability by early 2028 suggests sustained future chip purchases.
The Roundhill Generative AI and Technology ETF (CHAT) has declined 35% from its June peak but remains up 160% since inception in May 2023. The article recommends young investors consider adding this actively-managed AI ETF to a diversified portfolio alongside traditional index funds to potentially supercharge long-term returns, despite its volatility and concentrated exposure to the AI sector.
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