We recently published a list of 10 Cheap Semiconductors Actions to buy now. In this article, let’s take a look at Micron Technology, Inc. (NASDAQ: MU) is against other cheap semiconductor shares to buy now.
The semiconductor industry has been experiencing a new wave of increasing demand, technological innovation and changing macroeconomic dynamics. According to Deloitte, after a robust performance in 2024, the global semiconductor market is expected to grow even more by 2025, and total sales are expected to reach a maximum of $ 697 million.
This trajectory firmly puts the sector to reach a large milestone of $ 1 trillion in annual sales by 2030, so the sector will require a 7.5% annual growth rate from 2025 onwards. By 2040, this figure could be doubled again, emphasizing the long -term attractiveness of the semiconductor value chain.
The extraordinary demand for artificial intelligence generative processors (AI) is an important factor in this growth. The Xip Gen Ai market was expected to reach $ 50 billion, according to predictions of Deloitte 2024 technology, media, and telecommunications. It greatly exceeded these projections, exceeding $ 125 billion by 2024 and contributed to more than 20% of world chips. A combination of CPU, GPU, memory and data center components promotes the rapid expansion of the AI infrastructure, which is expected to promote the semiconductor industry and generate disproportionate benefits to market leaders, while changing capital allocation tactics.
However, not every corner of the semiconductor landscape has enjoyed the tails at AI level. The segments such as car, analog and smart phones fought by 2024, hindered by the supply demand and the demand of the final market. However, as it unfolds in 2025, these verticals show signs of recovery. Automobile chips will benefit from the ongoing electrification of transport and the adoption of advanced driver assistance systems (ADAS). Analog and yacht -focused semiconductors are gaining an interest in renewed investors as key markets stabilize. Even the smartphone segment, although slower in the rebound, could offer a selection of the reverse by the releases of next generation devices and operational efficiencies.
The current market environment adds a unique layer of complexity and opportunity. After the sale of technological actions in early 2025, the evaluations of the entire table have been compressed, particularly in the AI segments and of great growth. Although not yet at the levels of deep discussion seen during the fall of 2022, the recent correction has made many quality names much more attractive. According to Morningsar, this has opened a window for investors to re -enter or increase exposure to the sector to more reasonable valuations, especially since overvalued concerns give way to strategic re -evaluation.
In the middle of this evolutionary background, the least known and undervalued players in the memory and semiconductor teams also begin to attract attention. Demand stabilizing, improving customer alignment and increasing relevance in the AI hardware ecosystem provides the basis for a classification potential. Meanwhile, investment in automated technologies and IoT continues to rise, highlighting a broader market transition that favors resilience and adaptability.
In this article, we identify 10 cheap semiconductors’ stocks that offer a convincing value in the current changing landscape. But before delving into the list, we set out the methodology used to filter and evaluate these opportunities.
For this article, we have selected the most active current semiconductors of semiconductors with a P/E low to reach our list of cheap semiconductor shares to buy now. From there, we chose companies with the largest number of coverage fund investors, according to the database of Insider Monkey, in the fourth quarter of 2024. The actions are classified in the upward order of their coverage fund investors.
Why are we interested in the stocks that cover the funds? The reason is simple: our research has shown that we can overcome the market by imitating the best stock options for the best coverage funds. The Quarterly Bulletin Strategy selects 14 stocks of small nautical and large layers every quarter and returned 373.4% since May 2014, exceeding its reference point at 218 percentage points. ((Check out more details here)).
Micron Technology, Inc. (MU) Is the cheap semiconductor material to buy now?
A foreground view of a computer base plate with integrated semiconductor chips.
Number of coverage fund holders: 94
P/e: 13.16
Micron Technology, Inc. (NASDAQ: MU) is a world leader in memory and storage technology, feeding the performance and capacity of data centers and mobile devices in embedded systems and AI infrastructure. With decades of Dram, Nand and Emerging Memory Innovation, Micron is a driver of the digital economy in the world. It is among the best actions of cheap semiconductor to invest.
Micron Technology, Inc. (NASDAQ: MU) has accumulated 19.54% in the last week, driven by the opinion of the positive analyst and the tactical business restructuring. Wells Fargo and Citi analysts have a “purchase” assessment of shares, with an average price goal of $ 130, which involves almost 63% potential. Institutional headlines have more than 83% of the shares, which indicates a robust confidence in Micron’s long -term growth narrative.
On April 17, Micron Technology, Inc. (NASDAQ: MU) issued a reorganization of the high -reach business unit to take advantage of more opportunities fueled by Ai Boom, from hyperscala data centers to edge devices. Restructuring aims to reduce complexity and accelerate innovation in the final markets.
Micron Technology, Inc. (NASDAQ: MU) has also secured its technological leadership and is the first company worldwide to send HBM3E and SOCAMM Memory Solutions for AI server in collaboration with Nvidia. These offers will be part of the new generation systems such as the Hopper and Blackwell platforms in Nvidia.
Financially, Micron Technology, Inc. (NASDAQ: MU) reported annual income of $ 25.11 billion (year -on -year increase of 61.6%) and $ 778 million in net income (increase of 113.3%). Although there was a slight decrease in the quarter, the tendency is firmly positive. With innovative products, Ai Tailwinds and a strong execution, Micron is positioned for the long -term growth of the new technological cycle.
Generally, Mu Ranks 1st In our list of cheap semiconductor stocks to buy now. Although we recognize the potential of semiconductor actions, our conviction lies in the belief that the AI actions have a greater promise to obtain higher yields and do it in a shorter period. There is an AI stock that increased since the beginning of 2025, while the popular AI actions lost around 25%. If you are looking for a stock of Ia Most Mu, but you are quoting less than five times, see our report on this Ia stock cheap.
