We recently released a list of
10 Artificial Intelligence Stocks Currently Catching Attention on Wall Street
In this piece, we will examine how Micron Technology, Inc. (NASDAQ:MU) measures up against other artificial intelligence-related stocks currently catching attention on Wall Street.
As reported by state media, Chinese President Xi Jinping has committed to “becoming more independent and stronger” in developing artificial intelligence within the nation. This reflects China’s intense rivalry with the United States as they vie for leadership in the AI technology competition. According to Xi, China needs to utilize its new comprehensive national framework to advance AI innovation aggressively.
“We must recognise the gaps and redouble our efforts to comprehensively advance technological innovation, industrial development, and AI-empowered applications.”
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As DeepSeek and similar artificial intelligence models have emerged, numerous experts believe that China has significantly narrowed the AI development gap between itself and the United States.
We should keep enhancing fundamental research, focus our energies on acquiring key technologies like advanced microchips and essential software, and develop an autonomous, manageable, and cooperative AI infrastructure encompassing both software and hardware.
-Xi Jinping.
Xi also holds the view that AI should not become a “privilege for affluent nations.” Instead, he advocates for increased global governance and collaboration on AI development.
In his recent visit to Shanghai, he underscored China’s leading role in the “Global South,” calling for more innovation, support for AI startups, and stronger global influence in technology. He also urged the city to expand its exploration of AI models and noted that more supportive policies for the technology should be rolled out.
During his tour of the Shanghai-headquartered New Development Bank, which is a financial institution supported by multiple BRICS countries, he emphasized China’s readiness to enhance project collaboration with the bank and exchange developmental insights with fellow member states. This visit highlights President Xi Jinping’s dedication to establishing China as the foremost figure within the Global South.
China aims to provide an alternate option for the world as a counterbalance to the globally dominant U.S.-led system.
— Alfred Wu, a specialist on China at the National University of Singapore.
To compile the list of AI stocks for this article, we reviewed various sources including news articles, financial analyses, and official press releases. Additionally, these stocks have gained significant attention from hedge funds. It’s important to mention that the information regarding hedge fund holdings was last updated for the fourth quarter of 2024.
Why do we focus on the stocks that hedge funds heavily invest in? It’s straightforward: our analysis indicates that replicating the leading stock choices from premier hedge funds allows us to surpass market performance. Each quarter, our monthly publication recommends 14 small-cap and large-cap stocks, delivering an impressive return of 373.4% since May 2014, which significantly exceeds its benchmark by 218 percentage points.
see more details here
).
A detailed look at a computer motherboard featuring embedded semiconductor chips.
Micron Technology, Inc. (NASDAQ:
MU
)
Number of Hedge Fund holders: 94
Micron Technology, Inc. (NASDAQ:MU), which focuses on developing and selling memory and storage solutions for data centers, mobile devices, and multiple sectors globally, received attention from Morgan Stanley on May 7. This financial institution reduced its price forecast for the company’s stock to $98 from $112 but maintained an “Equal Weight” recommendation for the shares. According to the firm, Micron’s stock presents a favorable balance between potential risks and rewards within today’s economic climate. Additionally, in a report shared with clients, the analyst highlighted increasingly optimistic findings regarding their DRAM segment over recent months. Although they acknowledged that tariff adjustments played some role, these were far from being the sole driver of improved pricing dynamics.
Overall, MU
ranks 5th
Among the AI stocks currently catching attention on Wall Street, we recognize the appeal of investing in MU. However, we feel strongly that certain AI stocks have stronger prospects for generating significant returns over a shorter period. Notably, one AI stock has seen growth year-to-date in 2025 even as many well-known AI equities declined by approximately 25%. Should you be seeking an AI stock with better upside potential compared to MU yet trading below five times its earnings, consider reviewing our detailed analysis on this topic.
cheapest AI stock
.
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Disclosure: There are none to declare. This article was first published here.
Insider Monkey
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