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ai: Why Wall Street thinks US memory maker Micron is the next Nvidia
Tech
Jun 29, 2026TechCrunch AI

ai: Why Wall Street thinks US memory maker Micron is the next Nvidia

Micron Technology has become a Wall Street favorite, with its valuation soaring amidst booming demand for AI memory chips, particularly High-Bandwidth Memory (HBM). Its stock surged over 236% in a month, briefly surpassing Meta and Tesla's market cap, driven by blockbuster earnings and strategic long-term agreements to mitigate market volatility.

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