Micron Technology, Inc. (NASDAQ:MU) is one of the

7 Cheapest AI Data Center Stocks to Buy Now.

On March 18th, 2026, Bloomberg reported that a portfolio manager at Gabelli Funds said that Micron Technology, Inc. (NASDAQ:MU) has a solid structural position due to limited competition among DRAM makers and consistent pricing strength. He anticipated pricing will continue to rise through the June quarter as consumers choose supply over cost. He said that 2026 will see constricted capacity with no big expansion, which will sustain pricing, while greater capacity growth might begin in 2027. He stated that corporations continue to be sold out of supply, reinforcing favorable pricing trends.

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Micron Technology, Inc. (NASDAQ:MU) announced that it will spend more than $25 billion this fiscal year, topping analyst projections of $22.4 billion, to expand production to fulfill high demand for memory chips used in artificial intelligence computing. The corporation anticipates increased sales, led by high-bandwidth memory demand, robust margins, and third-quarter performance that exceeds forecasts. Shares dipped roughly 2% in late trade as excessive expenditure dampened investor optimism despite strong results.

Micron Technology, Inc. (NASDAQ:MU) provides memory and storage solutions sold into client, cloud server, enterprise, graphics, networking, smartphone, mobile-device, automotive, industrial, and consumer markets, among others.

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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