Is Micron the Smarter AI Chip Buy Than Nvidia Right Now

For most of its fifty-year history, Micron Technology has been one of the most cyclical and frustrating stocks in semiconductors. Then AI happened. Today, June 24, Micron reports fiscal Q3 2026 results. Wall Street expects 932% earnings growth year on year and gross margins crossing 80% for the first time in company history. The main reason is high-bandwidth memory, the chip inside every Nvidia Blackwell GPU, is produced by only three companies on earth, and Micron's HBM capacity is completely sold out through the end of 2026. News Source: https://www.tradingkey.com