By Unknown
Publication Date: 2026-10-15 20:15:00
Semiconductor behemoths Micron TechnologyMU and NVIDIA CorporationNVDA benefited from the artificial intelligence (AI) boom. With strong growth and an upbeat outlook, both seem poised to capitalize on rising AI infrastructure demand. But which stock offers a better buying opportunity? Let’s explore –
Micron’s AI Growth and Expanding Margins Boost Outlook
As AI infrastructure needs high-performance memory, demand for Micron’s cutting-edge high-bandwidth memory (“HBM”) chips has surged. This momentum helped the company post revenues of $54.23 billion in the fiscal fourth quarter of 2026, up sharply from $11.32 billion a year ago, according to its Sept. 30 press release.
For fiscal 2026, Micron’s revenues were $133.19 billion, up from $37.38 billion in fiscal 2025. Its guidance remains even more encouraging, with the company expecting revenues of $61.5 billion, plus or minus $1.5 billion, in the first quarter of fiscal 2027. The data center business continues to be Micron’s key growth engine, benefiting from an increase in AI-related demand.
Additionally, Micron’s profit margins are reaching exceptional levels. Its non-GAAP gross margin increased from 84.9% in the fiscal third quarter of 2026 to 87% in the fiscal fourth quarter, supported by higher selling prices, a favorable product mix, and operating leverage. Further, the company’s management expects its Strategic Customer Agreements to improve earnings visibility.
