Donald Trump’s Favorite AI Chip Stock in 2026 That Performed Better Than Nvidia (NVDA)

Fahad Saleem

Fri, June 19, 2026 astatine 10:38 AM CDT 2 min read

We conscionable covered Donald Trump Stock Portfolio: 10 Best AI and Tech Stock Picks successful 2026. Micron Technology, Inc. (NASDAQ:MU) ranks #1 (see Donald Trump Stock Portfolio: 5 Best AI and Tech Stock Picks successful 2026). The stocks identified successful this nonfiction are based connected Trump's fiscal disclosure filings released by the U.S. Office of Government Ethics. According to a connection from the Trump Organization cited by Reuters, Trump's concern holdings are maintained done afloat discretionary accounts managed by third-party fiscal institutions, which person sole authorization implicit concern decisions. 

Stock Performance Since Trade Date: +132%

MU has tally excessively hot, but bulls reason that it inactive has important upside due to the fact that the institution is playing a captious relation successful the artificial quality revolution. Since Trump's commercialized earlier this year, the banal is up 130%, portion NVDA is up conscionable 11% truthful acold this year.

The crushed is straightforward. Micron manufactures DRAM chips, NAND flash memory, and high-bandwidth representation products. Cloud providers, information centers, and user electronics manufacturers each necessitate this representation to function. Memory is nary longer treated arsenic a commodity product. It has go a strategical bottleneck that determines whether AI infrastructure tin beryllium deployed efficiently. Hyperscalers cannot spend to person their costly AI chips waiting for representation availability.

The fiscal results validate this shift. In fiscal Q2 2026, gross tripled twelvemonth implicit year. DRAM gross specifically grew 207% twelvemonth implicit year. NAND gross grew 169% twelvemonth implicit year. This is exceptional maturation for a institution that was antecedently viewed arsenic cyclical and commodity-like.

Micron Technology (NASDAQ:MU) is fundamentally shifting its concern premix toward information centers. Data halfway DRAM and NAND request is expected to transcend 50% of the full manufacture disposable marketplace for the archetypal clip successful 2026. Historically, representation request came from PCs and smartphones. Today, the biggest purchaser is the hyperscaler gathering monolithic AI infrastructure.

High-bandwidth memory, oregon HBM, is different large catalyst driving Micron Technology's (NASDAQ:MU) growth. HBM is simply a specialized benignant of representation designed specifically for AI processors. It stacks representation vertically to present highly precocious bandwidth, meaning information moves betwixt the spot and representation astatine blazingly accelerated speeds. NVIDIA's latest Blackwell GPU uses HBM representation extensively. Micron Technology (NASDAQ:MU) has already begun measurement shipments of HBM4 products. The institution is sampling 16-high HBM4 configurations and processing next-generation HBM4E products with greater customization for circumstantial lawsuit needs.