3 Stocks Leveraging NVIDIA’s Strength for Profits

From Nasdaq: 2025-01-10 08:30:00

NVIDIA (NVDA) is a key player in AI, but other companies like Micron Technology (MU), Logitech International (LOGI), and Uber Technologies (UBER) are also well-positioned to benefit from AI advancements. Micron’s HBM3E technology is in high demand, offering better performance and lower power usage for cloud applications.

Micron’s revenue is expected to grow rapidly in 2025 and beyond, with widening margins due to strength in next-gen markets. Analysts predict a 35% upside for Micron stock, with revenue growth supported by expanding HBM capacity and collaboration with companies like NVIDIA.

Uber and NVIDIA are teaming up to advance autonomous driving technology, opening new revenue opportunities for Uber. Analysts forecast double-digit growth for Uber, with improved earnings quality and aggressive capital returns. Market sentiment is positive, with a consensus target up nearly 60% for the year.

Logitech, NVIDIA, and Inworld AI have collaborated on an AI agent for streamers, enhancing Logitech’s streaming capabilities. Logitech is expected to sustain and accelerate growth in revenue and earnings, with a dividend that is competitive and reliable. The company has a solid record of dividend increases and long-term growth potential.



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