Micron Technology, Inc. (NASDAQ:MU) is one of the
8 Best Affordable AI Stocks to Buy Right Now.
On May 12, Bill Baruch, founder and president of Blue Line Capital, trimmed nearly half his position in Micron Technology, Inc. (NASDAQ:MU) near a $900 target. The company was Bill’s largest position until the “euphoria got too loud to ignore.”
On the same day, Micron Technology, Inc. (NASDAQ:MU) pushed deeper into AI infrastructure. The company reported that it sampled 256GB DDR5 RDIMM modules to key ecosystem partners, delivering speeds up to 9,200 MT/s, “greater than 40% faster” than current modules, while cutting operating power by more than 40% compared to dual 128GB setups.
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Raj Narasimhan, the firm’s cloud memory unit head, said the product allows “significantly higher performance,” pointing to gains in capacity, bandwidth, and efficiency.
The business said it is co-validating the modules with partners to accelerate installation, targeting data center clients creating AI and high-performance computing systems at scale.
Micron Technology, Inc. (NASDAQ:MU) provides innovative memory and storage solutions. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit.
While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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