Investment in AI infrastructure is increasing, driving demand for specialty chips like those from Micron Technology. Big tech companies are expected to spend over $500 billion on data center expansion and chip procurement in 2026. AI workloads are becoming more complex, leading to a need for advanced memory and storage solutions. Micron is well-positioned to benefit from this trend with its high-bandwidth memory, DRAM, and NAND chips. Analysts predict Micron’s earnings per share to triple this year, potentially leading to a significant increase in stock value. Investors are advised to consider Micron as a potential long-term investment opportunity.

Read more at Nasdaq, Inc.: 1 AI Stock I’m Buying Before It Goes Parabolic in 2026