All articles tagged with #micron technology
As AI infrastructure spending rises, software stocks face pressure while select hardware plays like Broadcom and Micron Technology stand to benefit. The article argues these two are the new pick-and-shovel AI infrastructure stocks, boosted by data-center capex and memory/networking bottlenecks, making them attractive long-term bets amid the tech sell-off.
Micron Technology is riding an AI‑driven upcycle in high‑bandwidth memory that could last longer than past cycles, fueling debate over whether it will resemble Nvidia or Intel. While competition from Samsung and SK Hynix and memory cycles pose risks, the article argues that sustained AI demand for Micron's HBM could keep the growth alive—potentially making Micron more Nvidia‑like than Intel, at least for now.
Micron Technology’s stock is forecast to extend its rally as AI data-center demand drives memory-chip sales (HBM, server DRAM, and DDR5). The company posted FY25 sales of $37.38 billion with earnings strength expected to continue, as FY26/FY27 EPS are revised higher (around $33.22 and $44.95). With a long-running Zacks Rank #1 and shares up more than 40% in 2026 after a sharp rise last year, MU trades near 12x forward earnings, suggesting further upside if AI demand remains durable.
Micron Technology is riding AI-driven demand for memory, especially HBM chips used with Nvidia/AMD GPUs; data-center revenue surged and management sees strong near-term growth, with Q2 revenue forecast up about 132% year over year to $18.7 billion and earnings of roughly $8.19 per share. The CEO says the data-center HBM market could top $100 billion by 2028, underpinning continued profit growth as AI workloads expand into smartphones and PCs. After a 239% rally in 2025 and further gains in early 2026, MU trades at a forward P/E around 12.2, implying potential upside if AI demand remains robust, though the semiconductor cycle remains cyclical and upside may temper.
As AI hyperscalers commit roughly $500 billion to AI infrastructure in 2026, demand for memory and storage could lift Micron (HBM, DRAM, NAND) even as peers rally. With a comparatively lower forward P/E and AI-driven demand, MU could see significant upside toward a $1,000 share price by 2026, and the author plans to buy MU.
With Nvidia's AI surge largely priced in, the article argues that two less-heralded AI plays—Micron Technology and Amazon—could offer meaningful long-term upside. Micron stands to benefit from heightened memory demand for AI workloads, reporting a 57% year-over-year revenue increase to $13.6 billion in the latest quarter and potential share buybacks as profits rise. Amazon could leverage AI to cut costs (e.g., layoffs) while expanding AI-enabled services, supported by its Anthropic relationship and cloud business. The piece suggests these stocks provide AI exposure at potentially lower valuations than Nvidia, though they carry memory-cycle and execution risks.
Micron Technology is an undervalued AI memory enabler with strong early-2026 results: 57% revenue growth year over year in Q1 FY26 and near-tripling net income, plus a forward price-to-earnings ratio of about 11.5 as peers trade higher. As memory storage is crucial for AI chips, Micron supplies memory solutions to Nvidia, AMD and others, boosting demand even when not the primary focus. With robust growth and a valuation that suggests significant upside, Micron could offer durable long-term returns beyond the current hype.
Health-care stocks tumbled after the CMS proposed keeping private Medicare Advantage payments nearly flat for 2027, with UnitedHealth and Humana down about 20%–21% and insurers like CVS/Elevance also lower. Micron rose ~5% on a $24 billion Singapore investment plan. General Motors jumped ~9% after strong earnings and a 20% dividend hike to 18 cents. CoreWeave advanced ~11% on an expanded Nvidia partnership and a $2 billion investment, while Corning rose ~16% on a multiyear Meta data-centers materials deal. Other notable moves included RTX up ~3.7%, Northrop Grumman higher, Boeing down ~1.6%, and airline and steel names among the decliners.
Micron Technology is riding a surge in AI‑driven demand for memory chips, boosting revenue, cash flow and buybacks. With a forward P/E around 11.5 and a projected $100 billion high‑bandwidth memory TAM by 2028, the stock trades at a material discount to growth peers, implying potential upside as AI data‑center spend remains robust. Yet memory is cyclical, so a long‑term horizon is prudent as buybacks reduce shares and earnings grow, even if near‑term growth moderates.
Micron Technology is positioned in an AI-driven upcycle, with Q1’26 revenue up 57% year over year and robust AI-memory demand from cloud data centers and flagship devices. The company is ramping capital expenditure to about $20 billion in FY26 to expand HBM and DRAM supply, with 2026 HBM volumes already sold out, supporting long-term growth. Despite recent gains, MU looks undervalued with a forward PEG around 0.24, though AI demand dynamics and geopolitical risks remain key watchpoints.
The piece argues that a $1,000 stake in Micron Technology and Rivian Automotive could yield meaningful long‑term gains in 2026 and beyond: Micron benefits from booming AI data‑center memory demand, reporting 57% revenue growth to $13.6B and about $8.4B in free cash flow in its fiscal Q1, while trading at a forward P/E around 11.5; Rivian, despite near‑term EV headwinds and reduced government incentives, has room to grow as Ford retreats from EVs and it expands with new products, supported by a low valuation (P/S around 3.2) and solid revenue growth (Q3 revenue up 78% YoY to $1.56B). Still, macro policy shifts and sector cycles pose risks to this thesis.
Micron Technology is emerging as a cornerstone of the AI boom by supplying DRAM and high-bandwidth memory (HBM) that power AI GPUs; with demand outstripping supply, Micron has booked its entire 2026 HBM output, and is expanding U.S. capacity with Virginia upgrades and new fabs in Idaho and New York, plus a $1.8B LOI to acquire a Taiwanese fabrication site, supported by a modest valuation around 5.5x forward sales and 11x forward earnings.
A Motley Fool piece argues Micron Technology could become the next AI chip stock to join Nvidia, TSMC, and Broadcom in the trillion-dollar club by 2026, driven by surging hyperscaler demand for memory (HBM, DRAM, NAND), strong quarterly results, and rising memory prices that support robust margins and potential valuation expansion as AI infrastructure growth persists.
Micron Technology board member Mark Liu disclosed an open-market purchase of 23,200 Micron shares for about $7.8 million, lifting his stake to around 25,910 shares. The move signals strong conviction in Micron’s continued rally as AI-driven demand for memory chips supports pricing, even as the stock trades among the market’s cheaper names.
The article highlights three established tech stocks—Alphabet, Micron Technology, and Nvidia—that have strong potential to generate significant returns due to the AI boom, emphasizing their current market positions, AI investments, and growth prospects.