1 Top Artificial Intelligence Stock Down 35% to Buy Before It Crushes the Market in 2025

The past six months have been terrible for Micron Technology (NASDAQ: MU) investors, as shares of the memory specialist have dropped 35%. The bad news is that the company's fortunes aren't likely to change anytime soon, following the release of the company's fiscal 2025 first-quarter results on Dec. 18, covering the three months that ended Nov. 28.Shares of Micron fell 16% after the company reported its results. Let's see why that was the case and check if the stock's steep decline could be an opportunity for savvy investors to buy Micron thanks to its solid artificial intelligence (AI)-fueled prospects.Micron reported fiscal Q1 revenue of $8.7 billion, an outstanding 84% increase from the prior-year period. Even better, the company swung to a profit of $1.79 per share from a loss of $0.95 in the same quarter last year, driven by a terrific surge in its margins. Micron reported a non-GAAP gross margin of 39.5% for fiscal Q1, up from just 0.8% in the same quarter last year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool