"All three are riding the AI megatrend and have strong revenue visibility beyond 2026. These companies are on the "frontline" when it comes to AI hardware. Data centers are being built out at a record pace, and is not the only company that is benefiting from it. The market is starting to move past NVDA stock and is pouring into other satellite AI beneficiaries who are seeing explosive upward momentum one after the other."
"If you've built a PC anytime soon, you'll know that random-access memory (RAM) prices have been soaring. Certain RAM chips have seen their prices quintuple or more in a matter of weeks. This is thanks to stubborn demand from data centers outpacing supply. One would logically say: how can I benefit from this instead of losing out like every other consumer? Micron is a medium to do just that."
The past year has continued an unceasing tech rally likely extending into 2026 and beyond. Several companies riding the AI megatrend have strong revenue visibility past 2026 and sit on the frontline of AI hardware. Data centers are being built out at a record pace, and capital is flowing beyond Nvidia into satellite AI beneficiaries. Micron Technology sells DRAM, RAM, NAND flash and SSDs that face record demand from data centers. RAM prices have soared as demand outpaces supply. Micron is shifting away from the consumer market to focus on enterprise clients, which should increase margins. Analysts expect the tight RAM market to persist through 2026 and possibly into 2027–2028.
Read at 24/7 Wall St.
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