Despite Hitting a $1 Trillion Valuation, Micron Remains My Favorite Stock for 2026

52 minutes ago 3

Rich Duprey

Thu, May 28, 2026 astatine 10:02 AM CDT 4 min read

Quick Read

Micron Technology (MU) has crossed a $1 trillion valuation arsenic AI request for high-bandwidth representation (HBM) remains insatiable with the company’s full 2026 HBM capableness already sold out, enabling higher margins and pricing powerfulness compared to accepted DRAM cycles. Nvidia (NVDA) remains the look of AI infrastructure, but hyperscalers including Meta, Microsoft, Amazon, and Alphabet are collectively readying implicit $725 cardinal successful 2026 capex for AI infrastructure expansion, driving changeless request for precocious representation chips that indispensable standard arsenic AI models turn larger.
Unlike erstwhile semiconductor cycles wherever proviso overexpansion collapsed prices, AI request is increasing faster than caller manufacturing capableness tin beryllium built, creating a structural supply-demand imbalance that positions Micron astatine the halfway of the largest exertion infrastructure enlargement the assemblage has seen.
Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Micron Technology didn't marque the cut. Grab the names FREE today.

For years, investors treated memory-chip companies similar airlines oregon steelmakers -- cyclical businesses that boomed erstwhile proviso tightened and collapsed erstwhile excessively galore competitors flooded the marketplace with inventory. That’s wherefore what’s happening with Micron Technology (NASDAQ:MU) contiguous feels truthful different.

The institution conscionable crossed a $1 trillion valuation aft a blistering rally, yet the underlying communicative whitethorn inactive beryllium successful its aboriginal innings. The AI roar has created an insatiable appetite for memory, and dissimilar erstwhile semiconductor cycles, proviso inactive can’t support up. That imbalance is precisely wherefore Micron remains my favourite banal heading into 2026.

AI Isn’t Just Driving GPU Demand Anymore

Most investors subordinate artificial quality with Nvidia (NASDAQ:NVDA) and its GPUs. Fair capable -- Nvidia remains the look of the AI infrastructure buildout. But GPUs are lone portion of the equation. AI systems besides necessitate tremendous amounts of high-bandwidth representation (HBM) to process information accelerated capable for ample connection models and precocious reasoning systems.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Micron Technology didn't marque the cut. Grab the names FREE today.

That’s wherever Micron's expertise comes in. HBM has softly go 1 of the astir constrained parts of the semiconductor proviso chain. Micron absorption precocious disclosed that its full HBM capableness for 2026 is already sold out. Not partially reserved -- sold out.

That matters due to the fact that hyperscalers proceed spending astatine staggering levels:

Read Entire Article