Micron's Memory Momentum Could Mirror Nvidia's AI Rally
TL;DR Summary
As AI workloads intensify, memory chips—especially Micron's high-bandwidth memory—are becoming a key growth driver, with demand outpacing GPUs and a TAM expected to grow from about $35B to $100B by 2028. The piece suggests Micron could follow Nvidia's playbook, trading at a modest forward P/E around 12 and offering upside from a fast-expanding memory market, potentially earning the label of 'new Nvidia' in investors' eyes.
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