3 Reasons to Buy Silicon Motion Technology Stock Like There's No Tomorrow
Key takeaways
- Marc Guberti, The Motley Fool Sun, June 28, 2026 at 3:20 AM GMT+7 5 min read SIMO MU NVDA Memory has become a vital part of the artificial intelligence (AI) boom.
- Silicon Motion Technology (NASDAQ: SIMO) is another memory stock that is riding the same tailwinds as Micron, but far fewer people know about that one.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Marc Guberti, The Motley Fool Sun, June 28, 2026 at 3:20 AM GMT+7 5 min read SIMO MU NVDA Memory has become a vital part of the artificial intelligence (AI) boom. That was the big takeaway from Micron's (NASDAQ: MU) superb results in its fiscal 2026 Q3. However, if you're looking for a growth stock that will 10x from current levels, you don't start with trillion-dollar companies.
Silicon Motion Technology (NASDAQ: SIMO) is another memory stock that is riding the same tailwinds as Micron, but far fewer people know about that one. Its relative obscurity, combined with strong fundamentals, makes it a candidate for 10x returns. These are the three reasons why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »