The chipmaker's pivotal role in supplying high-bandwidth memory (HBM) and storage solutions for AI data centers positions it for explosive growth without the hype. While Nvidia dominates GPUs, Micron fuels the backbone DRAM and NAND chips essential for AI training and inference, where data volume is exploding. This under-the-radar status has kept its valuation attractive, with a forward P/E of just 12 and a price-to-earnings-to-growth (PEG) ratio of a minuscule 0.22, signaling significant undervaluation amid AI's boom.
Perplexity, the AI-powered search startup that compete with Google by providing conversational answers to user queries, has secured $200 million in new capital at a $20 billion valuation, The Information reported. The fresh funding comes just two months after the company raised $100 million at an $18 billion valuation, according to Bloomberg's July report. Since its founding three years ago, the rapidly growing AI company has raised $1.5 billion in total funding, according to PitchBook data.
Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we'll see if that changes. Its last raise was in 2023 when it raised about $100 million that valued the company at $1.16 billion post-money. Replit has now raised a total of about $478 million, PitchBook estimates.
Copper molds are a vintage baking tool that people don't use much anymore. They were regularly used during the Victorian era to make decorative, molded dishes like puddings, cakes, and breads. They were typically handmade by artisans and very ornate, molded into delightful shapes like fish, flowers, birds, rabbits, and fruit. However, handmade copper molds fell out of favor after World War I, as the materials weren't readily available and many of the craftsmen capable of making them had retired.
Amazon.com Inc. ( NASDAQ: AMZN) has been one of the stock market's biggest success stories ever. The company had its initial public offering in May 1997 and traded for an astonishingly low split-adjusted price of just seven cents per share. Since then, the stock has gained over 308,700% as the company has grown into the linchpin of e-commerce. Since its inception, Amazon has become a mainstay in the Magnificent 7 and now commands the fourth-largest market cap of any publicly traded company.
Anthropic has closed a deal to raise $13 billion from investors in a new funding round that nearly triples its valuation to $183 billion, including dollars raised a larger-than-expected haul that makes the artificial intelligence company one of the most valuable startups in the world. The financing, one of the largest to date for an AI company, was led by investment firm Iconiq Capital alongside co-leads Fidelity Management and Research Co. and Lightspeed Venture Partners.
Mach Industries' recent $100 million funding round highlights cautious investor sentiment, raising its valuation to $470 million, with total funds raised now at approximately $185 million.
Cars typically sell for 10-20% less at auction than they would in a private sale, but rare vehicles can exceed their book values when competition rises.
Among the cheap stocks are Alphabet and Taiwan Semiconductor Manufacturing. Both are actually priced cheaper than the broader market, which gives me confidence to label them cheap.