Teradyne and Cohu shares look like cheaper ways to play the high-bandwidth memory market, rather than with Micron stock.

Micron stock is soaring Wednesday after the memory chipmaker's fiscal Q4 earnings beat expectations and it gave an upbeat outlook. Here's what you need to know.

Key Takeaways Micron Technology shares surged Thursday on its strong outlook, leading Nvidia and other semiconductor stocks higher. Nvidia, its partner Micron, and other chip companies have seen their revenue and stock prices climb amid a boom in demand for infrastructure to support AI.