20 Stocks That Should Double in 3 Years

8. Micron Technology Inc. (NASDAQ:MU)

Number of Hedge Fund Holders: 94

Micron Technology Inc. (NASDAQ:MU) is one of the stocks that should double in 3 years. On October 22, Micron Technology announced that it is now sampling its 192GB SOCAMM2 (small outline compression attached memory modules) to customers to broaden the adoption of low-power memory solutions within AI data centers.

The new product extends Micron’s leadership in power-efficient solutions for AI infrastructure, particularly as the data center ecosystem transforms toward more energy-efficient models. The new 192GB SOCAMM2, built with LPDDR5X, delivers 50% more capacity than Micron’s first-to-market LPDRAM SOCAMM within the same compact footprint.

The capacity increase can reduce time to first token/TTFT by over 80% in real-time inference workloads. Furthermore, the module uses Micron’s most advanced 1-gamma DRAM process technology to achieve a greater than 20% improvement in power efficiency. These power savings are substantial for full-rack AI installations, which can include 40+ terabytes of CPU-attached low-power DRAM main memory. The modular design of SOCAMM2 also improves serviceability and allows for future capacity expansion.

Micron Technology Inc. (NASDAQ:MU) designs, develops, manufactures, and sells memory and storage products in the US, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally.