Micron Technology, Inc. (MU) Is A Top AI Stock In Ken Griffin’s Portfolio

Memory spot shaper Micron Technology, Inc. (NASDAQ:MU)'s shares are among the apical performers successful the market. They are up by 671% implicit the past twelvemonth and by 171% year-to-date. Morgan Stanley discussed the steadfast connected June 3rd arsenic it importantly raised the stock terms people to $1,050 from $520 and kept a Buy standing connected the stock. At the bosom of the bank's sum was the ongoing representation shortage, arsenic it explained that isolated from much output, determination was nary different solution to resoluteness the market's tightness. June has shaped up to beryllium a important period for Micron Technology, Inc. (NASDAQ:MU) aft comments made by NVIDIA CEO Jensen Huang successful Taiwan. Huang confirmed that his steadfast had qualified 3 firms to proviso representation chips for the latest Vera Rubin AI platform, with Micron being 1 of the 3 companies.

Micron Technology, Inc. (NASDAQ:MU) has a guardant price-to-earnings aggregate of 12.87, which is little than the semiconductor sector's 37.29.

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing astatine Fab. Semiconductor Packaging Process.

Baird Chautauqua International and Global Growth Funds discussed Micron Technology, Inc. (NASDAQ:MU) successful its Q4 2025 capitalist letter:

"Micron reported beardown FY4Q25 results and raised its 1Q guidance for revenues, earnings, and margins, reflecting improved pricing, peculiarly successful DRAM. Demand continues to outpace supply, with pricing up sequentially successful some DRAM and NAND. Management sees tightness successful proviso crossed CY26."

While we admit the imaginable of MU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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