1 Simple Reason to Buy Micron Stock Right Now

The stock market drop following U.S. President Donald Trump's tariff announcement last week has affected nearly every industry. Even those that aren't directly in the line of fire are still vulnerable to the broader economic fallout, as the intensifying trade war has the potential to plunge the global economy into a recession.Shares of semiconductor stocks, for example, have plunged as investors seem to fear that the high-flying sector is exposed to both cyclical risk and the effects of tariffs. While "bare die" semiconductors (unpackaged chips that are not inside a product) are excluded from tariffs, electronics and other products containing these chips are not exempt.After Trump announced the "Liberation Day" tariffs, the Van Eck Semiconductor ETF fell as much as 16%, a steeper drop than the Nasdaq Composite. It's been a quick reversal of fortune for a sector that had soared through 2023 and 2024 on a boom in AI demand fueled by the launch of ChatGPT.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool