Prediction: This Artificial Intelligence (AI) Infrastructure Stock Will Skyrocket in June (Hint: It's Not Micron Technology)
The healthy demand for AI servers and data center components is driving strong growth for this company.
Prediction: This Artificial Intelligence (AI) Infrastructure Stock Will Skyrocket in June (Hint: It's Not Micron Technology)
Overview
Micron Technology is a widely followed artificial intelligence (AI) infrastructure stock, as it supplies a critical component in the form of memory chips that go into a variety of AI accelerator chips.
The company's revenue and earnings have been growing rapidly, driven by an acute shortage of memory chips. Micron is poised to release its fiscal 2026 third-quarter results on June 24, and there is a solid chance it will crush expectations and deliver terrific guidance that could send the stock soaring.
Details
However, there's another underrated AI infrastructure company that's going to release its fiscal 2026 Q3 earnings report on June 17 -- Jabil (NYSE: JBL). This AI stock has jumped 60% in 2026, and there is a good chance it will get a nice shot in the arm following its upcoming report. Let's look at the reasons why.
Source
Originally published at www.fool.com.
