Should You Buy Micron Technology Stock Before Sept. 23?

Nvidia (NASDAQ: NVDA) CEO Jensen Huang recently predicted that data center operators will spend a whopping $4 trillion upgrading their infrastructure over the next five years to meet growing demand from artificial intelligence (AI) developers. Since Nvidia's graphics processing units (GPUs) are the world's hottest data center chips for AI workloads, they will likely capture a sizable chunk of that spending.But Nvidia isn't the only tech stock expected to benefit. All of Nvidia's most advanced GPUs are fitted with high-bandwidth memory (HBM), and most of that HBM is supplied by companies like Micron Technology (NASDAQ: MU). Memory becomes increasingly important when AI workloads require more data and faster processing speeds, so while this hardware receives less attention than GPUs and other chips, it presents a substantial opportunity for Micron.Micron is scheduled to release its operating results for its fiscal 2025 fourth quarter (ended Aug. 31) on Sept. 23. In that report, it is likely to provide a valuable update on its booming AI business. Should you invest in the company ahead of the report?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool