Investors eyeing AI stocks for 2026 should consider Micron Technology, Inc. (MU) after its strong quarterly results. Micron reported revenues of $13.64 billion, up 56.8% year-over-year, with a record free cash flow of $3.9 billion. The company expects even stronger results in the next quarter, projecting revenues between $18.3 billion and $19.1 billion.

Micron’s stellar performance is fueled by soaring demand for its high-bandwidth memory (HBM) chips, driven by the AI infrastructure boom. CEO Sanjay Mehrotra anticipates continued strong demand for server units in 2026. Micron’s expected earnings growth rate for the next year is 23.9%, with a Zacks Rank #1 (Strong Buy) and a $19.85 Zacks Consensus Estimate for EPS, up 80.9% year-over-year.

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Read more at Nasdaq: Micron’s Blowout Earnings: The Best AI Stock for 2026?