Nvidia’s 70% Growth Forecast Reopens the AI Trade — but the Bottleneck Has Moved to Memory
Nvidia’s 70% revenue-growth forecast lifted chip and software stocks, while memory supply and component costs emerged as the next constraint.
Micron manufactures DRAM, NAND and high-bandwidth memory used across AI accelerators, servers and consumer electronics. Founded in 1978 and headquartered in Boise, Idaho, Micron Technology, Inc. employs approximately 53,000 people.
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Nvidia’s 70% revenue-growth forecast lifted chip and software stocks, while memory supply and component costs emerged as the next constraint.
Micron analyst ratings in August 2026, including New Street's upgrade and target cuts from Citi and Mizuho amid a volatile memory-cycle outlook.
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