By Adria Cimino
Publication Date: 2026-03-24 22:15:00
Nvidia (NVDA 0.33%) and Micron Technology (MU 2.28%) both play key roles in the hot growth area of artificial intelligence (AI). The former is the dominant provider worldwide of AI chips, and thanks to this, has become almost a household name. The latter offers something crucial for an AI system to do its job, and that’s memory and storage.
Both Nvidia and Micron have seen earnings and stock performance soar in recent quarters due to this presence in AI. In recent times, though, one of these stocks has continued to climb, while the other has lost momentum. Which is the better AI buy today? Let’s find out.
Image source: Getty Images.
The case for Nvidia
Nvidia is far from being a young start-up. The company has been around for more than 30 years and, in its early days, focused on designing graphics processing units (GPUs), or high-powered chips, for the gaming industry. But in more recent times, chief Jensen Huang recognized the AI opportunity and shifted gears.
Today, Nvidia still serves the video game market, but its biggest business by far is designing GPUs and entire AI platforms. This has supercharged revenue growth, sending revenue to record levels — for example, it climbed 65% to $215 billion in the latest full year.
Nvidia has remained in the lead because it is committed to constant innovation, pledging to update its chips on an annual basis. It’s followed through on this with the launches of Blackwell and Blackwell Ultra, and it’s now on track to release the…