New king of the hype train
$MU grabs Nvidia and Apple’s share! 🔥
On the US stock market, a tectonic shift. Micron has grown so much that its weight in the S&P 500 reached 1.9%, pushing aside Meta and Tesla.
The most interesting part is where this money came from.
Shares
$NVDA and
$AAPL in the index have noticeably shrunk, providing liquidity to a memory chip manufacturer.
Investors realized that Nvidia’s new chips don’t require ultra-fast memory—just silicon, and Apple’s component purchasing costs are hitting their margins.
Did you manage to buy Micron before this historic rally, or are you stuck with Apple?
#MicronTech #AIRevolution #Investing