The stock has soared by more than 350% recently -- and it still has room to grow. If you've got $1,000 burning a hole in your pocket and you're looking for a promising investment, you might consider shares of Micron Technology ( MU 1.50%), the memory chip specialist.

On February 18, Tim Murray, capital markets strategist in the multi-asset division at T. Rowe Price, joined BNN Bloomberg to discuss the path ahead for tech and AI companies.

Wall Street is drifting through mixed trading, as technology stocks sink again. The S&P 500 slipped 0.2% Wednesday, coming off its fourth modest drop in the last five days.

Investors were wowed by both the company's trailing performance and its 2026 guidance.

Dollar strengthens and oil prices rally

Six out of the seven "Magnificent Seven" stocks were trading lower on Tuesday, with Apple Inc. being the sole gainer. The Magnificent Seven-tracking Roundhill Magnificent Seven ETF is currently down around 1% on the day.

Investor concerns about the impact of AI are growing.

Technology stocks have once again been doing what the broader market expects of them: delivering earnings growth. In its economic and market outlook for 2026, Vanguard wrote that “U.S.