Could This Be the Safest Artificial Intelligence (AI) Stock to Own Right Now?
Could This Be the Safest Artificial Intelligence (AI) Stock to Own Right Now?
Publish Date: 2026-01-13 07:59:00
Source Domain: www.theglobeandmail.com
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Strong Growth Potential: Micron Technology boasts an impressive year-over-year revenue growth of over 50% in its fiscal 2026 Q1, showing significant potential for continued growth.
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Undervalued in AI Sector: Micron’s forward P/E ratio of 10 is one of the lowest among AI-related stocks, suggesting that it is undervalued considering its strong growth and market position.
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Cloud Memory Driver: Micron’s cloud memory segment, which almost doubled in revenue year over year and brought in $5.3 billion of its total $13.6 billion, remains its largest and fastest-growing segment.
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AI Infrastructure Bottlenecks: Micron addresses a crucial bottleneck in AI infrastructure — the shortage of high-bandwidth memory — making its solutions vital for the advancement of AI.
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Market Domination: Despite competition, Micron stands as one of the largest players in the memory solutions industry with a market cap nearing $400 billion.
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Positive Forecast: Micron has issued optimistic forecasts for its subsequent fiscal quarters, particularly driven by its cloud memory business’s increasing contribution to total revenue.
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High-Growth Sector: Even as some big tech firms have tripled their annual AI spending, Micron is well-positioned to benefit from the extensive tech investing in artificial intelligence.
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Investment Consideration: While Micron is a compelling investment, The Motley Fool Stock Advisor recommends other top-performing stocks that could offer even greater potential returns based on historical success.
