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Micron Technology: The Cheapest AI Stock for Hypergrowth
ByAinvest
Sunday, Jan 18, 2026 7:45 pm ET1min read
Micron Technology, a leading producer of dynamic random access memory (DRAM) and NAND flash memory chips, is the cheapest AI stock with hypergrowth potential. Its high-bandwidth memory capacity is sold out through 2026, reflecting tight supply amid growing AI workloads. Micron guides Q2 fiscal 2026 revenue to $18.7B, up 132% YoY, and trades at 9.6x forward earnings vs. 25x sector average despite 70% projected annual earnings growth.
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