Prediction: The Artificial Intelligence (AI) "Pick and Shovel" Trade Isn't Over. Here Are 2 Stocks to Buy for 2026. [Yahoo! Finance]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Yahoo! Finance
Artificial intelligence (AI) infrastructure spending is poised to jump significantly once again in 2026. According to market research provider Futurum, the five largest hyperscalers and cloud computing companies in the U.S. could spend between $660 billion and $690 billion on AI infrastructure this year, well above last year's $380 billion. Additionally, the firm notes that pure-play AI companies such as OpenAI , Anthropic, and Perplexity, as well as ambitious infrastructure projects such as Stargate, will tack onto this figure. That's why now is a good time to take a closer look at a couple of pick-and-shovel plays providing hardware that is central to the proliferation of AI -- Micron Technology (NASDAQ: MU) and Jabil (NYSE: JBL) Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Let's look at the reasons why
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MU
News
- Micron (MU) to Spend $200B on New Factories as Memory Chip Demand Explodes [Yahoo! Finance]Yahoo! Finance
- Should You Forget Micron and Buy This Other Artificial Intelligence (AI) Chip Stock Instead? [Yahoo! Finance]Yahoo! Finance
- Micron: The AI Memory Boom Has Staying Power (For Now) [Seeking Alpha]Seeking Alpha
- Micron: Get Ready For Another Leg Higher [Seeking Alpha]Seeking Alpha
- Up 326%, Should You Buy Micron Technology Right Now? [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 12/17/25 - Beat
MU
Sec Filings
- 2/13/26 - Form SCHEDULE
- 2/4/26 - Form 4
- 2/2/26 - Form 144
- MU's page on the SEC website