Micron, Nvidia, or SpaceX: Which Is the Best AI Stock to Put $1,000 in Right Now? - The Globe and Mail

In the current AI-driven landscape, investors are actively seeking the most promising AI stocks. This article compares Micron Technology, NVIDIA, and SpaceX, analyzing their respective AI strategies a... Read original →

In the current AI-driven environment, the memory market is emerging as a core growth axis within the semiconductor supply chain. Micron’s strong positioning in DDR5 and HBM technologies positions it to benefit from the sustained demand for high-bandwidth memory in AI data centers, offering a more attractive valuation compared to NVIDIA and SpaceX. While NVIDIA dominates the GPU segment, its Vera CPU launch signals vulnerability to competition from Intel and AMD, and its reliance on manufacturing in Taiwan, China, exposes it to geopolitical risks. SpaceX, through its acquisition of xAI and expansion into data centers, has evolved into an AI infrastructure player, yet its high capital intensity and speculative investment model raise long-term concerns. Technologically, the convergence of memory and compute capabilities is accelerating, while policy shifts—particularly in the context of U.S.-China tech decoupling—will force companies to restructure global supply chains. Over the next 12–24 months, memory shortages and AI model evolution are expected to drive Micron’s performance, with potential for outperformance due to its cost leadership and production scaling.