Micron Technology's strong growth in AI chip sales is expected to continue, making it a solid investment

From Nasdaq: 2025-06-19 04:13:00

The semiconductor industry, with companies like Nvidia and AMD, is driving the AI revolution with GPUs in data centers. Micron, focusing on memory and storage chips, plays a crucial role in AI workloads for data centers, computers, and smartphones. Micron’s financial results for fiscal Q3 2025 are expected to show significant growth driven by AI.

Micron’s memory chips are essential for AI workloads, providing data storage for efficient processing. The company’s HBM3E for data centers is industry-leading, powering Nvidia’s advanced GPUs for next-gen AI models. Micron anticipates the data center HBM market to double to $35 billion this year, growing to $100 billion by 2030.

Micron’s revenue surged in the second quarter of fiscal 2025, with strong growth expected in Q3. The company’s non-GAAP EPS also increased significantly, with a positive outlook for continued growth. Investors considering buying Micron stock should note its lower P/E ratio compared to Nvidia and the potential for sustained demand in AI chip sales.

The Motley Fool’s Stock Advisor team identified Micron Technology as a strong investment opportunity, highlighting its growth potential. While Micron wasn’t on their top 10 list, historical returns from previous stock recommendations demonstrate the team’s market-beating performance. Join Stock Advisor to access the latest top stock picks for potential high returns in the future.



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