Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Opportunities
  • Insights
  • Rumors
  • Regulatory
  • Startups
  • Innovations

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

The funding for Startup AI’s Hyperbots grew by 6.5 minutes for expansion.

May 15, 2025

30 Young Founders and Investors in Asia Breaking Down Barriers

May 15, 2025

Vanguard’s Data Manager Discusses the Fusion of AI and Data

May 15, 2025

Stash raises $146 million to enhance AI-driven financial strategies.

May 15, 2025
Facebook X (Twitter) Instagram
Trending
  • The funding for Startup AI’s Hyperbots grew by 6.5 minutes for expansion.
  • 30 Young Founders and Investors in Asia Breaking Down Barriers
  • Vanguard’s Data Manager Discusses the Fusion of AI and Data
  • Stash raises $146 million to enhance AI-driven financial strategies.
  • Top Fintech Employers of 2025
  • PayU gets RBI approval to function as an online payment gateway in India.
  • The Gulf Tour: Trump Secures $600 Billion Investment from Saudi Arabia in U.S. on First Day
  • Stash Secures $146 Million to Incorporate AI into Its Financial Guidance Platform
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    30 Young Founders and Investors in Asia Breaking Down Barriers

    May 15, 2025

    Zilch Hits 5 Million Customers: UK’s Fastest-Growing Fintech Unicorn Surges Ahead

    May 13, 2025

    Fintech vs. Big Banks: Who Will Win the Battle for Gen Z’s Wallet?

    May 13, 2025

    Addepar Raises $230M in Series G to Expand Wealth Tech Innovation and Global Reach

    May 13, 2025

    Airtel Money’s Public Launch Scheduled for 2026

    May 8, 2025
  • AI

    The funding for Startup AI’s Hyperbots grew by 6.5 minutes for expansion.

    May 15, 2025

    Vanguard’s Data Manager Discusses the Fusion of AI and Data

    May 15, 2025

    Stash raises $146 million to enhance AI-driven financial strategies.

    May 15, 2025

    The Gulf Tour: Trump Secures $600 Billion Investment from Saudi Arabia in U.S. on First Day

    May 15, 2025

    Stash Secures $146 Million to Incorporate AI into Its Financial Guidance Platform

    May 14, 2025
  • Acquisitions

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025

    The Challenges of Implementing Central Bank Digital Currencies (CBDCs)

    April 14, 2025

    Apex Fintech considering the purchase of Bakkt

    April 13, 2025

    The Future of Digital Wallets: Trends to Watch

    April 12, 2025

    What Is Blockchain and How Is It Used in Finance?

    April 11, 2025
  • Trends

    Latin America’s Fintech Sector Poised to Reach 49.58 Billion USD

    May 1, 2025

    Analysis of Industry Market Size in the 2025 Fintech Market Report

    April 28, 2025

    Analysis of Trends and Key Drivers in India’s Blockchain Fintech Sector

    April 23, 2025

    2025 Market Trends and Premium Services Overview

    April 18, 2025

    The Trade War’s Ripple Effect: Navigating Fintech’s New Reality in Global Market Turbulence

    April 16, 2025
  • Opportunities

    Top Fintech Employers of 2025

    May 15, 2025

    Governor Kelly reveals collaboration with FISERV to establish a fintech strategic hub.

    April 23, 2025

    Governor Kelly reveals Fiserv’s plans to establish a strategic fintech center in Kansas, generating 2,000 jobs.

    April 23, 2025

    FISERV establishes 2,000 positions with the launch of a new Fintech Innovation Center in Kansas.

    April 22, 2025

    Fintech Companies Recruiting in 2025 Following a Turbulent Year

    March 18, 2025
  • Insights

    Zilch Hits 5 Million Customers: UK’s Fastest-Growing Fintech Unicorn Surges Ahead

    May 13, 2025

    Fintech vs. Big Banks: Who Will Win the Battle for Gen Z’s Wallet?

    May 13, 2025

    Addepar Raises $230M in Series G to Expand Wealth Tech Innovation and Global Reach

    May 13, 2025

    Access Corp’s Fintech Division, Hydrogen, Reports a Tenfold Overvoltage Issue

    April 17, 2025

    The Trade War’s Ripple Effect: Navigating Fintech’s New Reality in Global Market Turbulence

    April 16, 2025
  • Rumors

    FortunePayoneer delayed guidelines for 2025 and sought a buyer in November.

    May 11, 2025

    Nubank refutes speculation about a fence during the surge in misinformation.

    May 7, 2025

    John Deaton recognizes the potential of banking.

    May 4, 2025

    How a malfunctioning phone game has increased and then decreased market value by 4 billion dollars.

    April 30, 2025

    Speculation has caused volatile stock markets, and this isn’t the first occurrence.

    April 12, 2025
  • Regulatory

    Fintech Groww Targets 800 Million Dollar Initial Public Offering

    April 26, 2025

    Wolters Kluwer Receives the Prix Fintech Breakthrough Award 2025 for its Onesumx Solution

    April 22, 2025

    Partner in Fintech Founders launches a new Self-Regulatory Organization

    April 19, 2025

    Razorpay founders highlight the need for transparent and consistent regulations to support Fintech growth in India.

    April 17, 2025

    India establishes a senior panel to address regulatory challenges in fintech.

    April 4, 2025
  • Startups

    PayU gets RBI approval to function as an online payment gateway in India.

    May 15, 2025

    A list of the fastest expanding fintech startups in South Africa.

    May 14, 2025

    Exploring What Will Make Startups Appealing to Investors in 2025 in Fintech 2.0 by Taras Boyko

    May 14, 2025

    How financial technology is transforming capital access for startups and entrepreneurs

    May 14, 2025

    Zilch Hits 5 Million Customers: UK’s Fastest-Growing Fintech Unicorn Surges Ahead

    May 13, 2025
  • Innovations

    Fintech vs. Big Banks: Who Will Win the Battle for Gen Z’s Wallet?

    May 13, 2025

    Key Innovations Transforming Careers in Fintech

    May 6, 2025

    Fintech entrepreneur Jose Daniel Duarte Camacho discusses how digital innovations can be harnessed for sustainable growth in a fast-evolving digital economy, where businesses encounter ongoing challenges and opportunities driven by new technologies.

    May 1, 2025

    Black Dragon Capital announces collaboration aimed at developing innovative Fintech solutions for educational institutions.

    April 27, 2025

    Credible unveils the introduction of credible.ai

    April 23, 2025
fintechbits
Home » Micron Technology’s (MU) AI Potential Drives Growth Projections, Raised Price Target
AI in Finance

Micron Technology’s (MU) AI Potential Drives Growth Projections, Raised Price Target

4 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
887fb2c70125102fe2aef1d6ed400b13.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

We recently published a list of 15 AI News That Broke the Internet. In this article, we’ll take a look at where Micron Technology, Inc. (NASDAQ: MU) stands in relation to other AI news that broke the internet.

OpenAI has been making headlines in the field of artificial intelligence since its existence, and it seems like the company has something new to share almost every day. However, not all news regarding the company is positive. In the latest news shared by The Washington Post, OpenAI has suspended access to its latest highly anticipated video generation tool, Sora. The suspension followed a small group of artists who disclosed access to the tool to protest the treatment they received at the company.

ALSO READ: 15 AI Stocks to Watch: News and Analyst Ratings And 9 Buzzing AI Stocks to Watch in the Breaking News.

Arguing that the company was using them as “PR puppets” without pay, the artists created a web page allowing anyone to make AI videos using Sora. OpenAI has granted hundreds of artists free access to the video generation tool so that they can test the new artificial intelligence video generator. However, 20 of these artists claimed that the company profited from their unpaid work. This is what the group of artists wrote on Hugging Face, an open source repository for artificial intelligence projects.

“Hundreds of artists provide unpaid labor through bug testing, feedback, and experimental work for the program of a company valued at $150 billion.”

The artists further added that the opportunities offered in exchange for helping the company, such as selection for the screening of their Sora-created films, provide “minimal compensation that pales in comparison to the substantial value public relations and marketing that OpenAI receives. The tool was public three hours before it closed. OpenAI spokesperson Niko Felix said the company has temporarily shut down user access to Sora while it reviews the situation.

“Hundreds of artists from our alpha release have shaped the development of Sora, helping to prioritize new features and safeguards. Participation is voluntary, with no obligation to provide feedback or use the tool.

In other news, Axios reported that President-elect Donald Trump is considering appointing an “AI czar” to the White House who will coordinate federal policy and government use of artificial intelligence. Even though Elon Musk won’t be the AI ​​czar, he should be involved.

For this article, we selected AI stocks by looking through news articles, stock analyses, and press releases. These stocks are also popular among hedge funds.

Why are we interested in stocks that hedge funds are piling into? The reason is simple: our research has shown that we can outperform the market by imitating the stocks selected by the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

Micron Technology, Inc. (NASDAQ: MU), micro, network, diagrams, virtual screen, matrix, program, screen
Micron Technology, Inc. (NASDAQ: MU), micro, network, diagrams, virtual screen, matrix, program, screen

Manczurov/Shutterstock.com

Number of hedge fund holders: 107

On November 25, Mizuho analyst Vijay Rakesh reiterated an “Outperform” rating and $135.00 price target on Micron Technology, Inc. (NASDAQ: MU), an American innovative solutions provider memory and storage that supports the development of artificial intelligence and generative technologies. AI applications. According to the company’s projections, the HBM3e market is expected to grow sevenfold, reaching more than $35 billion by 2026. Additionally, Micron could secure 20-25% of the market by qualifying its product 12Hi HBM3e by the end of 2024. The company is also expected to see a 42% increase in TSV capacity in 2025, leading to 10% growth in global DRAM production. One of the key drivers of DRAM evolution that the company has recognized is 3D stacking technology. Overall, the company increased its revenue and EPS estimates for Micron for fiscal 2026. The increase comes from expected revenue growth from HBM3e and strong margins through the fiscal year. 2026.

Overall, MU ranks 3rd on our list of AI news that broke the internet. While we recognize the potential of MU as an investment, our conviction lies in the belief that certain AI stocks hold more promise in terms of higher returns and in a shorter time frame. If you’re looking for an AI stock that’s more promising than MU but is trading at less than 5x earnings, check out our report on cheapest AI stock.

READ NEXT: 8 Best Wide Fluke Stocks to Buy Now And 30 Most Important AI Stocks According to BlackRock.

Disclosure: None. This article was originally published on Initiated Monkey.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The funding for Startup AI’s Hyperbots grew by 6.5 minutes for expansion.

May 15, 2025

Vanguard’s Data Manager Discusses the Fusion of AI and Data

May 15, 2025

Stash raises $146 million to enhance AI-driven financial strategies.

May 15, 2025
Leave A Reply Cancel Reply

Latest news

The funding for Startup AI’s Hyperbots grew by 6.5 minutes for expansion.

May 15, 2025

30 Young Founders and Investors in Asia Breaking Down Barriers

May 15, 2025

Vanguard’s Data Manager Discusses the Fusion of AI and Data

May 15, 2025
News
  • AI in Finance (1,160)
  • Breaking News (138)
  • Corporate Acquisitions (45)
  • Corporate Acquistions (17)
  • Industry Trends (167)
  • Jobs Market News (285)
  • Market Insights (165)
  • Market Rumors (227)
  • Regulatory Updates (141)
  • Startup News (768)
  • Technology Innovations (144)
  • X Feed (1)
About US
About US

FintechBits is an blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,160)
  • Breaking News (138)
  • Corporate Acquisitions (45)
  • Corporate Acquistions (17)
  • Industry Trends (167)
  • Jobs Market News (285)
  • Market Insights (165)
  • Market Rumors (227)
  • Regulatory Updates (141)
  • Startup News (768)
  • Technology Innovations (144)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.