Micron Technology has shown impressive growth in revenue and earnings due to high demand in the memory market, driven by AI applications. The company is set to release its fiscal 2026 first-quarter results, with expected revenue of $12.5 billion, a 45% increase from the previous year. Micron’s stock is up 166% in 2025 and is trading at a cheaper valuation than its competitor Broadcom. Analysts predict strong growth for Micron in the coming years, making it a top AI stock to buy. With a PEG ratio of 0.18, Micron is considered undervalued, offering a great investment opportunity.

Read more at Yahoo Finance: Here’s My Top Artificial Intelligence (AI) Stock to Buy in December (Hint: It’s Not Broadcom)