5 Best AI Memory Stocks to Buy in 2026

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

Number of Hedge Fund Holders: 154

Micron Technology, Inc. (NASDAQ:MU) is one of the best AI memory stocks to buy in 2026. Micron Technology, Inc. (NASDAQ:MU) announced on June 9 the appointment of Dr. Alexis Black Björlin to its board of directors. In a separate development, Micron Technology, Inc. (NASDAQ:MU) received a rating update from RBC Capital on June 15. The firm lifted the price target on the stock to $1,200 from $525 and reiterated an Outperform rating on the shares.

It told investors in a research note that the firm raised its estimates on the stock to take into account its stronger pricing and volume assumptions. The firm added that the current DRAM upcycle is in its 12th quarter, and RBC Capital sees a credible path to another 5-6 quarters of expansion as capex trends and GenAI demand continue to be robust while the shift to inferencing/Agentic AI is driving secular growth in Memory content.

Micron Technology, Inc. (NASDAQ:MU) provides innovative memory and storage solutions. Its operations are divided into the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU).