Well, isn't this a plot twist? Just when tariffs had Wall Street clutching its pearls back in spring, the market's bouncing back like it never skipped a beat—Nvidia's soaring to new heights, and the economy's humming along without a major hiccup from the trade drama. As a techno-journalist who's seen tech trends come and go, it's refreshing to see AI not just surviving but thriving amid the noise. But let's not pop the champagne yet; the real intrigue lies in the under-the-radar plays like Micron Technology and Advanced Micro Devices (AMD), which this article spotlights as savvy buys in the AI frenzy.
Take Micron—fresh off earnings that had analysts nodding approvingly. Sure, a slight dip in pricing caused a minor stock hiccup, but zoom out: their data center biz is exploding, high-bandwidth memory (think super-fast RAM for AI's memory-hungry beasts) is up nearly 50%, and they're swimming in record DRAM sales. For the uninitiated, imagine AI models as gluttonous elephants needing massive data storage without tripping over their own feet—Micron's providing the sturdy legs. Plus, with $6.2 billion from the CHIPS Act to build U.S. fabs, they're not just riding the AI wave; they're helping steer it home. Valuation-wise, trading at a forward P/E under 16? That's like finding a Ferrari at sticker price in a used car lot—cyclical risks aside, if they hit those 2026 earnings forecasts, this could be a steal. But hey, pragmatism check: memory markets are fickle, so don't bet the farm without eyeing the cycles.
Then there's AMD, the scrappy challenger nipping at Nvidia's heels. Down from its peak but firing on all cylinders in data centers—57% revenue jump there, thanks to EPYC CPUs and Instinct GPUs that make AI training less of a monopoly game. Acquiring ZT Systems and AI startups? Smart moves to bulk up on server smarts, eyeing a $500 billion AI accelerator pie by 2028. For layfolk, picture Nvidia as the reigning champ quarterback, but AMD's the versatile backup who's stealing plays with both passing (GPUs) and running (CPUs) game. Forward P/E of 25? For a company grabbing Intel share and diversifying AI bets, that's not overpriced—it's an invitation to the growth party. Humorously, in a world where Nvidia's the golden child, AMD's the cool cousin who shows up with better stories and fewer headaches for buyers wanting options.
Overall, this resurgence screams AI's resilience: tariffs might rattle supply chains, but innovation's the ultimate shock absorber. Investors, think critically—AI's boom isn't infinite, so balance these gems with broader portfolios. Yet, in a market shrugging off slowdown fears, Micron and AMD remind us that betting on the AI infrastructure builders could be the pragmatic path to real returns. Who's ready to dig in? Source: These 2 Artificial Intelligence (AI) Stocks Are Undervalued Right Now
