Can Micron Technology Become the New Nvidia?

Category: Markets

Published: 2026-07-07T13:30:00.000Z

Micron Technology has surged 240% in 2026, driven by strong demand for memory chips in data center buildouts. While the company could see significant growth due to tight supply conditions lasting until 2028, analyst projections suggest it may reach $2.5-4.2 trillion in market cap, potentially rivaling Nvidia. However, the article concludes Micron is unlikely to fully catch Nvidia, though it remains a strong investment opportunity.

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