$Micron Technology(MU)$ is quietly becoming one of the strongest AI infrastructure plays in the Nasdaq. As hyperscalers ramp AI spending, memory demand especially HBM is becoming critical, and Micron is positioned directly in that supply chain. The market still treats it like a cyclical semiconductor stock, but this AI cycle could drive a much larger rerating than investors expect.
$Intel(INTC)$ When sentiment shifts from “dead company” to “strategic national asset, valuations can rerate aggressively. The key point: parabolic doesn’t automatically mean overvalued. Sometimes it means the market was catastrophically wrong before. Intel still looks like a long duration turnaround with asymmetric upside.
