5 Best Semiconductor Stocks To Invest In for the AI Boom

4. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Investors In Q4 2023: 92

Micron Technology, Inc. (NASDAQ:MU) is an American memory semiconductor maker that is one of the most important firms in its industry. The shares are rated Buy on average, and the average analyst share price target is $88.82.

During 2023’s December quarter, 92 out of the 933 hedge funds tracked by Insider Monkey had held a stake in the firm. Micron Technology, Inc. (NASDAQ:MU)’s largest investor among these is Ken Griffin’s Citadel Investment Group as it owns $604 million worth of shares.

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