NVIDIA Corporation (NVDA) has faced a subdued year amid geopolitical tensions and concerns over AI infrastructure spending, impacting its stock performance. In contrast, Micron Technology, Inc. (MU) and Broadcom Inc. (AVGO) have shown significant growth, with their stocks surging 384.9% and 81.5% respectively over the past year, outpacing NVIDIA’s 55.8% gain.
Micron is projected to report revenues of $33.5 billion for the fiscal third quarter of 2026, a rise from $23.86 billion in the previous quarter, with an expected gross margin of 81%. Meanwhile, Broadcom anticipates fiscal second-quarter revenues of around $22 billion, up from $19.3 billion, driven by a year-over-year increase in AI-related revenues of 106% to $10.7 billion for the second quarter of 2026.
Analysts forecast a 904.7% earnings growth for Micron in the current quarter and a 603.9% growth for the year, while Broadcom is expected to grow by 50% for the quarter and 66.1% for the year. Both stocks currently carry a Zacks Rank #1 (Strong Buy). Micron’s average price target is set at $492.58, indicating a 30.4% increase, while Broadcom’s target stands at $466.65, reflecting a 48.4% upside from the last closing prices.
