By Tirthankar Chakraborty
Publication Date: 2026-02-10 17:00:00
With the rise of artificial intelligence (AI), NVIDIA Corporation NVDA has delivered impressive returns, soaring more than 1,000% over the past five years. Yet, in the past year, Micron Technology, Inc.’s MU shares outpaced NVIDIA’s (+307% vs +43.1%). Let’s see why Micron is emerging as the new go-to AI investment, even amid NVIDIA’s strong bullish momentum.
NVIDIA’s Strong Demand and Growth Outlook Keep Investors Bullish
NVIDIA remains the center of attraction among investors, and for good reasons. Consistently, NVIDIA delivered encouraging quarterly results that exceeded Wall Street expectations even in the face of several geopolitical hurdles. This is because demand for its next-generation Blackwell chips and cloud graphics processing units (GPUs) remains strong.
Somewhat easing of the U.S.-China trade tensions and incessant increase in data center spending, in all likelihood, could boost NVIDIA’s sales. NVIDIA remains optimistic about its future growth and expects revenues for the fiscal fourth quarter of 2026 to hit nearly $65 billion, plus or minus 2%, according to investor.nvidia.com. This would be more than the company’s fiscal third-quarter 2026 revenues of $57 billion, and if achieved, it will surely raise the stock further (read more: NVIDIA vs. Palantir: One AI Stock is a Clear Buy Right Now).
Micron Emerges as a Key AI Beneficiary on Strong HBM Demand
While NVIDIA…
