10 Must-Watch AI Stocks on Wall Street

5. Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 96

Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Must-Watch AI Stocks on Wall Street. On August 13, Wells Fargo expressed optimism about the stock stating that it is confident in MU’s “ability to achieve / sustain its low / mid-20% HBM market share target in 2H25”.

The firm considers Micron’s HBM4E logic die customization to be a key differentiator, creating a “very different business model” where key customers would work with only one or two HBM suppliers on custom solutions.

“We remain confident in MU’s ability to achieve / sustain its low / mid-20% HBM market share target in 2H25. We would re-highlight MU’s on HBM4E logic die customization as driving a very different business model; believing that key customers would likely work w/ only 1 or 2 HBM suppliers on these custom solutions. HBM4E looks to be a 2027+ story. MU also pointed out its favorable position of utilizing its very mature 1b DRAM process node w/ HBM4, while others (Samsung) are moving to a 1c process.”

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.