Micron & 2 Momentum Stocks to Buy Now for Explosive Upside - Zacks Investment Research

This article from Zacks Investment Research introduces the Driehaus momentum-investing approach, highlighting Micron Technology (MU) as a strong momentum stock. The strategy evaluates stocks based on ... Read original →

Micron’s inclusion in a momentum portfolio reflects more than cyclical memory recovery—it signals a strategic realignment of the global semiconductor supply chain. Technically, surging demand for HBM3E and LPDDR5X is forcing tighter integration with TSMC’s CoWoS packaging, raising barriers for smaller customers. Compliance-wise, escalating U.S. export controls compel Micron to shift capacity to India and Japan, inflating capex by over 15%. Facing SK Hynix’s dominance in HBM (over 60% market share), Micron may counter with AI-customized DRAM solutions, though yield ramp remains a critical bottleneck. Over the next 12–24 months, if AI server DRAM bit demand grows >40% annually, short-term momentum flows could boost Micron—but long-term success hinges on reducing foundry dependency and building an autonomous advanced packaging stack.