18 AI News and Ratings Making Waves on Wall Street

1. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 94

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, automotive, and other industries worldwide.

On February 25, Micron Technology announced that it is the first to ship samples of its 1γ (1-gamma) DRAM, a sixth-generation 10nm-class DDR5 memory, to partners and select customers. The advancement builds on its previous DRAM nodes and aims to support AI applications across data centers, consumer devices, and Edge AI. The new DRAM offers up to 9200MT/s speeds, a 15% performance boost, and over 20% power savings. Using high-K metal gate technology and EUV lithography, it improves efficiency, bit density, and manufacturing scalability. Micron (NASDAQ:MU) plans to integrate 1γ DRAM across its portfolio to performance in AI PCs, mobile devices, automotive applications, and data centers.

While we acknowledge the potential of Micron Technology, Inc. (NASDAQ:MU) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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