30 Best AI Stocks to Buy According to Billionaires

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13. Micron Technology (NASDAQ:MU)

Number of Hedge Fund Holders: 94   

Number of Billionaire Investors: 18

Value of Billionaire Holdings: $996 Million 

Micron Technology (NASDAQ:MU) makes and sells memory and storage products. Despite concerns surrounding the tariff situation, the company delivered impressive revenue numbers in the latest earnings report. The firm achieved record revenue in data center DRAM during fiscal Q2, with HBM revenue exceeding $1 billion for the first time. The company credited the strong product momentum and leadership in low-power DRAM for the data center as key drivers. The company plans further growth in DRAM and NAND bit shipments in fiscal Q3, with revenue forecasted at $8.8 billion, plus or minus $200 million, with a gross margin of 36.5%, plus or minus 100 basis points. Operating expenses are projected at approximately $1.13 billion. Fiscal Q3 EPS is expected to be $1.57 per share, plus or minus $0.10.

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