{"id":209774,"date":"2026-05-06T12:09:00","date_gmt":"2026-05-06T16:09:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/06\/meet-the-artificial-intelligence-ai-infrastructure-stock-crushing-micron-technology-in-2026-its-red-hot-earnings-growth-could-send-it-even-higher\/"},"modified":"2026-05-06T14:30:16","modified_gmt":"2026-05-06T18:30:16","slug":"meet-the-artificial-intelligence-ai-infrastructure-stock-crushing-micron-technology-in-2026-its-red-hot-earnings-growth-could-send-it-even-higher","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/06\/meet-the-artificial-intelligence-ai-infrastructure-stock-crushing-micron-technology-in-2026-its-red-hot-earnings-growth-could-send-it-even-higher\/","title":{"rendered":"Meet the Artificial Intelligence (AI) Infrastructure Stock Crushing Micron Technology in 2026. Its Red-Hot Earnings Growth Could Send It Even Higher"},"content":{"rendered":"<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/NVDA\/pressreleases\/1745932\/meet-the-artificial-intelligence-ai-infrastructure-stock-crushing-micron-technology-in-2026-its-red-hot-earnings-growth-could-send-it-even-higher\/\">Meet the Artificial Intelligence (AI) Infrastructure Stock Crushing Micron Technology in 2026. Its Red-Hot Earnings Growth Could Send It Even Higher<\/a><\/p>\n<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/NVDA\/pressreleases\/1745932\/meet-the-artificial-intelligence-ai-infrastructure-stock-crushing-micron-technology-in-2026-its-red-hot-earnings-growth-could-send-it-even-higher\/\">https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/NVDA\/pressreleases\/1745932\/meet-the-artificial-intelligence-ai-infrastructure-stock-crushing-micron-technology-in-2026-its-red-hot-earnings-growth-could-send-it-even-higher\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-06 12:09:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.theglobeandmail.com\">www.theglobeandmail.com<\/a><\/p>\n<ul>\n<li>Seagate Technology has experienced outstanding gains, up 164% in 2026, driven by a skyrocketing demand for memory chips used in artificial intelligence data centers.<\/li>\n<li>Its financial performance has been exceptional, including a 44% year-over-year increase in revenue to $3.11 billion and an earnings surge of 116% due to an improvement in operating margin.<\/li>\n<li>The AI data center market has become Seagate&#8217;s largest revenue consumer, accounting for 80% of its last quarter&#8217;s revenue, and sustained growth is expected with long-term supply agreements in place.<\/li>\n<li>Seagate\u2019s earnings are projected to more than double in the current quarter to $5 per share, surpassing earlier expectations due to favorable demand-supply dynamics.<\/li>\n<li>Despite a high-earning multiple compared to the Nasdaq 100, Seagate\u2019s valuation is considered justified by its market-beating earnings growth, with a PEG ratio indicating potential undervaluation.<\/li>\n<li>Analysts project Seagate&#8217;s earnings to continue this upward trend over the next five years, suggesting that substantial stock gains are possible, with an estimated potential gain of 77% from current levels.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meet the Artificial Intelligence (AI) Infrastructure Stock Crushing Micron Technology in 2026. Its Red-Hot Earnings&#8230;<\/p>\n","protected":false},"author":1,"featured_media":209775,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/9d8ae2183fc6bc0b25e17a3e3fe9d948\/%3Furl%3Dhttps%253a%252f%252fg.foolcdn.com%252feditorial%252fimages%252f868563%252fperson-smiling-computer-charts.jpg%26amp%3Bw%3D700","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-209774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/209774"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=209774"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/209774\/revisions"}],"predecessor-version":[{"id":209776,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/209774\/revisions\/209776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/209775"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=209774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=209774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=209774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}