2 Millionaire-Maker AI Stocks to Buy in February
Analysts at Goldman Sachs expect big tech giants to spend over half a trillion dollars on AI-related capital expenditure in 2026. And much of that money is going to data center hardware like AI accelerator chips, high-bandwidth memory devices, and various types of networking equipment.
The eye-popping level of hardware spending contrasts with low profits and often huge losses on the consumer-facing software side of the industry. This dynamic means investors can maximize returns by betting on pick-and-shovel providers like Micron Technology (NASDAQ: MU) and (NASDAQ: AVGO).
Let's discuss why these potential millionaire makers could make great picks in February and beyond.
Source Fool.com
Micron Technology Inc. Stock
€392.80
1.200%
With 142 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 435 € there is a slightly positive potential of 10.74% for Micron Technology Inc. compared to the current price of 392.8 €.
