Reported about 1 year ago
Nvidia has been a leader in AI technology with its GPUs, but Micron Technology is showing impressive revenue and earnings growth due to the increasing adoption of AI. Micron's fiscal Q3 revenue surged 81% year over year, with strong demand for memory chips driven by AI applications in data centers, smartphones, and PCs. With expectations of continued growth, Micron is trading at a much lower valuation compared to Nvidia and has the potential to outperform in the AI sector.
Source: YAHOO