How to view the performance of Micron Technology, the chip stock with the largest cyclical fluctuations?
The chip Industry is a typical sector that combines both growth and cyclicality. For the leading computing chip company NVIDIA, the market perceives more of the growth aspect, while for the storage chip giant Micron Technology, it more often witnesses the cyclicality of the chip Industry.
Daily Options Tracking | Broadcom Options Volume has surged for two consecutive days! One Call order made a nearly 10-fold profit; Micron Calls soared to 78%, with large investors spending tens of millions of dollars on L to hedge against downside risks.
Impacting a market cap of 2 trillion dollars! Tesla's overnight close surged over 6% to reach a new high, with implied volatility rising to 80.49%. Options volume reached 3.05 million contracts; for this Friday's expiration, the call option with a strike price of 500 dollars had the highest volume at 0.116 million contracts, with an open interest of 0.044 million contracts.
A whale falls and all things come to life, NVIDIA's stock price has dropped into the Range of adjustment, who will become Wall Street's next darling.
Despite other component stocks of the Nasdaq Composite Index rising to record levels, NVIDIA's stock price plummeted on Monday, officially entering a correction Range for the darling of AI chips.
Leading the U.S. stock market into a long bull run, chip stocks are expected to continue to "surge" next year.
BofA's "top chip stocks" for 2025 have been announced, including NVIDIA, Broadcom, and Marvell Technology.
Raymond James Maintains Micron Technology(MU.US) With Buy Rating, Maintains Target Price $140
Wall Street's darling changes hands? The chip giants diverge: Broadcom rises over 11% to reach a new high, while NVIDIA falls into the correction zone.
Despite the lack of support from NVIDIA, on Monday, the Nasdaq Composite Index still reached a historic high. On the same day, other semiconductor stocks also performed well. Micron Technology rose over 5% ahead of its upcoming quarterly Earnings Reports, peaking at over 8% during the session. Marvell Technology increased by 3.3%.
Top 20 by transaction amount | Apple, Google, and Amazon have all reached historical highs! Broadcom continues its upward trend, rising over 11%.
On Monday, Micron, ranked 13th in US stock trading volume, rose by 5.62%, with a trading value of 4.631 billion USD; SoundHound AI, ranked 16th among AI software stocks, increased by 16.44%, with a trading volume of 3.184 billion USD; Super Micro Computer, ranked 20th, fell by 8.26%, with a trading value of 2.768 billion USD.
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
Micron Technology Options Spot-On: On December 16th, 518.42K Contracts Were Traded, With 1.86 Million Open Interest
On December 16th ET, $Micron Technology(MU.US)$ had active options trading, with a total trading volume of 518.42K options for the day, of which put options accounted for 21.1% of the total
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