--- title: Why Wall Street thinks US memory maker Micron is the... description: Micron, the US memory chip maker, has seen its stock surge over 236% in a single month, briefly surpassing Meta and Tesla in market capitalization. The driver... canonical: https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Why Wall Street thinks US memory maker Micron is the next Nvidia | daily.dev og:description: Micron, the US memory chip maker, has seen its stock surge over 236% in a single month, briefly surpassing Meta and Tesla in market capitalization. The driver... og:url: https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro og:image: https://api.daily.dev/og/posts/qA0Ojpmro.png og:image:alt: Why Wall Street thinks US memory maker Micron is the next Nvidia og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Why Wall Street thinks US memory maker Micron is the next Nvidia **[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments ## Summary Micron, the US memory chip maker, has seen its stock surge over 236% in a single month, briefly surpassing Meta and Tesla in market capitalization. The driver is the AI data center boom creating a severe shortage of DRAM, NAND, and High-Bandwidth Memory (HBM) chips — a shortage dubbed 'RAMageddon' predicted to last into 2027. Micron posted blockbuster Q3 earnings with revenue quadrupling year-over-year to $41.45 billion and profits jumping from $1.88B to $28.2B. To guard against a potential bust cycle, Micron has signed 16 long-term supply agreements with customers including Nvidia and Anthropic. Wall Street analysts are increasingly bullish, comparing Micron's trajectory to Nvidia's AI-driven rise. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [The memory chip crunch is paying off for this U.S. company](https://daily.dev/posts/the-memory-chip-crunch-is-paying-off-for-this-u-s-company-yfnc06xjm) · TechCrunch · 0 upvotes · 0 comments - [Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent](https://daily.dev/posts/micron-s-revenue-quadrupled-as-ai-memory-demand-pushes-gross-margins-above-81-percent-7pm8gmjuh) · The Next Web · 0 upvotes · 0 comments - [Memory makers SK Hynix and Micron join the $1-trillion club](https://daily.dev/posts/memory-makers-sk-hynix-and-micron-join-the-1-trillion-club-fftpdunkr) · TechCentral · 0 upvotes · 0 comments - [Micron says chip shortage will "improve gradually" in 2028](https://daily.dev/posts/micron-says-chip-shortage-will-improve-gradually-in-2028-wlddkivqo) · GamesIndustry.biz · 0 upvotes · 0 comments --- Tags: [#nvidia](https://daily.dev/tags/nvidia), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Why Wall Street thinks US memory maker Micron is the next Nvidia","url":"https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro"},"datePublished":"2026-06-28T15:04:40.679Z","dateModified":"2026-06-28T15:05:05.077Z","description":"Micron, the US memory chip maker, has seen its stock surge over 236% in a single month, briefly surpassing Meta and Tesla in market capitalization. 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