US Stock Market Move | Goldman Sachs Group, Inc. has rated the company as a "buy" with Micron Technology, Inc. (MU.US) rising over 6%.

On Wednesday, Micron Technology, Inc. (MU.US) rose over 6% to $103.42. The latest report from Goldman Sachs Group, Inc. pointed out that the semiconductor and related equipment industry provided significant investment opportunities for investors last year, especially for companies that excelled in artificial intelligence infrastructure. Looking ahead to the second half of this year, Goldman Sachs Group, Inc. expects earnings forecasts for this industry to turn positive and advises investors to continue holding leading stocks in the artificial intelligence sector and cyclical stocks. In the report, Goldman Sachs Group, Inc. listed companies such as NVIDIA Corporation and Micron Technology, Inc. as "buy" ratings.