Key Points
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Micron Technology’s stock has increased by 58% in the last three months, while Nvidia’s stock has risen by 43% during the same period.
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Micron’s revenue for Q3 fiscal 2025 reached $9.3 billion, up 37% year-over-year, while Nvidia is projected to have revenue of nearly $200 billion for the current fiscal year, representing a 53% increase.
The tech sector has rebounded significantly in the past three months, with the Nasdaq Composite index climbing by 21% despite earlier market concerns. Micron Technology, trading at 22 times trailing earnings, shows promise with strong growth prospects, controlling 24% of the DRAM market. Nvidia, despite facing export limitations to China, is expected to leverage new AI partnerships globally, with a revenue outlook that highlights significant potential growth. Analysts project Nvidia’s revenue could increase 53% this fiscal year and benefit from a $50 billion annual opportunity in sovereign AI markets.
