WS #15259
The AI infrastructure trade remains robust, led by Micron's stunning Q4 results where data center revenue jumped 11-fold, driving the stock to attractive valuations. Onto Innovation gained on bullish initiation citing advanced packaging growth, reinforcing the supply chain narrative. Despite broader market breadth weakness, these specific tech and semiconductor names are showing strong momentum and earnings power.
Semiconductor & AI Strength
The AI infrastructure trade remains robust, led by Micron's stunning Q4 results where data center revenue jumped 11-fold, driving the stock to attractive valuations. Onto Innovation gained on bullish initiation citing advanced packaging growth, reinforcing the supply chain narrative. Despite broader market breadth weakness, these specific tech and semiconductor names are showing strong momentum and earnings power.