Why Wall Street thinks US memory maker Micron is the next Nvidia
TechCrunch
Micron’s stock has surged due to high demand for memory chips in AI data centers, leading investors to view it as a top performer.Summary
Micron has experienced a massive surge in market valuation, driven by the AI-fueled demand for High-Bandwidth Memory (HBM) used in servers. While the memory industry historically suffers from cyclical boom-and-bust patterns, Micron is mitigating this risk through long-term strategic supply agreements with major tech firms like Nvidia and Anthropic. Analysts remain optimistic about Micron’s potential for durable earnings growth as the current memory supply shortage, dubbed “RAMageddon,” is expected to persist through 2027.
(Source：TechCrunch)