Nvidia (NVDA) and Micron Technology (MU) have been among the biggest beneficiaries of the AI boom, driven by strong demand for AI chips and memory products. Nvidia stock has gained 21% year-to-date, driven by rising demand for its AI chips. The company is set to report its Q1 FY27 earnings on May 20, with analysts expecting more than 100% year-over-year earnings growth. Meanwhile, MU shares have gained more than 150% year-to-date, marking one of the strongest semiconductor rallies of 2026.
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Forget margin or options. Here's how the pros trade NVDAUsing the TipRanks Stocks Comparison Tool, we compared NVDA and MU to see which stock analysts favor. While both stocks carry Strong Buy ratings, analysts see about 25% upside for Nvidia, while Micron’s average price target suggests roughly 16% downside. Given that Micron has delivered the stronger rally this year, Wall Street currently sees Nvidia as the better long-term AI investment.
Nvidia (NASDAQ:NVDA) Stock
All eyes are now on Nvidia as the AI chip giant prepares to report its earnings this week. The results are expected to offer fresh insight into AI demand and data center spending trends, making it one of the most closely watched earnings reports this quarter.
Analysts expect the company to post earnings of $1.75 per share, up by more than 100% year-over-year. Meanwhile, revenue is expected to be around $78.82 billion, marking growth of over 75% from a year ago.
Heading into earnings, several Wall Street analysts have raised their price targets on NVDA stock. Most recently, KeyBanc’s five-star-rated analyst John Vinh raised his price target on NVDA from $275 to $300, while maintaining a Buy rating. Vinh expects Nvidia to deliver another strong quarter and guidance, driven by rising demand for Blackwell Ultra GPUs and early shipments of Rubin AI chips. The analyst also raised his Q1 revenue estimate to $80.8 billion from $78.1 billion, above Wall Street’s consensus of $78.8 billion, while increasing his fiscal 2027 revenue forecast to $383 billion.
Is Nvidia Stock Still a Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on Nvidia stock based on 40 Buys, one Hold, and one Sell assigned in the past three months. Furthermore, the average 12-month Nvidia price target of $281.59 per share implies 24.97% upside potential.
Micron Technology (NASDAQ:MU) Stock
Micron Technology has emerged as one of the biggest winners from the AI-driven surge in memory demand. As AI data centers require larger amounts of DRAM, HBM, and NAND memory chips, investors are increasingly viewing Micron as a key player in the AI infrastructure buildout rather than just a traditional memory chip company.
Last week, Micron even briefly surpassed Nvidia as the most actively traded stock on Wall Street, highlighting growing investor interest in AI memory stocks.
Reflecting that growing optimism, top Bank of America Securities analyst Vivek Arya recently raised his price target on Micron stock to $950 from $500 while maintaining a Buy rating. The firm also increased its 2030 AI data center market forecast to $1.7 trillion from $1.4 trillion, citing stronger long-term demand for AI memory and computing systems.
Is MU Stock a Buy Right Now?
Wall Street has a Strong Buy consensus rating on Micron stock based on 27 Buys and three Holds. The average MU stock price target of $608.33 indicates about 16% downside risk.
