Wall Street Sees Nvidia Gaining 44% and Micron Falling 8%
Updated
Updated · The Motley Fool · Jun 18
Wall Street Sees Nvidia Gaining 44% and Micron Falling 8%
3 articles · Updated · The Motley Fool · Jun 18
Summary
69 analysts assign Nvidia a median target of $300, implying 44% upside from $208, while 49 analysts put Micron at $949, or 8% below its $1,034 share price.
Nvidia’s bullish case rests on AI-chip dominance—nearly 90% of accelerator sales—plus first-quarter revenue growth of 85% to $81.6 billion and a cheaper 32-times-earnings valuation.
Vera Rubin, Nvidia’s next-generation superchip due later this year, is billed as 10 times more efficient than Grace Blackwell, reinforcing expectations for continued AI infrastructure demand.
Micron’s cautionary setup comes despite strong results: second-quarter sales jumped 196% to $23.8 billion and non-GAAP EPS rose 682% to $12.20, but analysts see its 48-times-earnings multiple as stretched.
Samsung and SK Hynix have gained share as memory prices surged, and with Wall Street expecting the current cycle to peak in 2028, Micron’s earnings growth is seen slowing to 13% annually through fiscal 2029.
Can Micron’s tech gambles in HBM4 finally break SK Hynix’s chokehold on the AI memory market?
As AI shifts to inference, will custom silicon from Google and Amazon dethrone Nvidia's GPU empire?
Is the true bottleneck for the AI boom not chips, but the power grid required to run them?
Nvidia vs. Micron: Wall Street’s $1 Trillion AI Infrastructure Showdown and the High-Bandwidth Memory Supercycle
Overview
Nvidia stands as the clear leader in AI acceleration, with its GPUs setting the industry standard and consistently outperforming competitors in benchmarks. The company commands nearly 90% of AI accelerator sales, a dominance strengthened by innovations like the Grace Blackwell superchip, which unifies CPUs and GPUs to eliminate data transfer bottlenecks and create a shared memory pool. This makes Grace Blackwell the fastest and most efficient system for AI training and inference. Nvidia’s strong market position and ongoing innovation drive Wall Street’s bullish outlook, highlighting its central role in the rapidly growing AI infrastructure landscape.