35 AI News and Ratings You Should Not Miss

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9. Micron Technology (NASDAQ:MU)

Number of Hedge Fund Holders: 120   

Micron Technology (NASDAQ:MU) makes and sells memory and storage products. On October 23, the firm announced that its 9550 PCIe Gen5 E1.S data center SSDs had been added to the NVIDIA recommended vendor list for the NVIDIA GB200 NVL72 system and its derivatives. The GB200 NVL72 uses the GB200 Grace Blackwell Superchip to deliver rack-scale, energy-efficient AI infrastructure. The enablement of PCIe Gen5 storage in the system makes the Micron 9550 SSD an ideal fit for optimizing performance and power efficiency in AI workloads like large-scale training of AI models, real-time trillion-parameter language model inference and high-performance computing tasks. Investment advisory KeyBanc recently lowered the price target on Micron stock to $135 from $145 and kept an Overweight rating on the shares.

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