Why Wall Street thinks US memory maker Micron is the next Nvidia

Wall Street investors are looking beyond Nvidia for public companies that could benefit from the AI boom, and Micron has emerged as a leading candidate. The memory-chip maker is drawing attention because AI systems require large amounts of high-performance memory alongside advanced processors.

The interest in Micron shows that investors are broadening the AI trade from GPUs to the wider hardware supply chain. If AI infrastructure spending keeps rising, companies tied to data center components could see stronger demand and higher valuations.