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Micron and Western Digital highlighted as AI memory demand beneficiaries
The piece points to Micron projected per share earnings growth from $73.23 this year to nearly $170 in 2028, while Western Digital’s storage outlook hinges on AI workload growth beyond 2027.
Yahoo Finance highlights Micron and Western Digital as two AI memory and storage stocks tied to rising demand from AI deployments, arguing that faster data movement and high bandwidth memory requirements are expanding across the stack.
For Micron, the article cites a forward P/E ratio of 5.91 and a projected jump in per share earnings from $73.23 this year to almost $170 in 2028, describing the company as a recent focus of institutional support tied to AI processor memory needs.
For Western Digital, the article frames the company as a large-cap mass storage provider, and says management has pointed to physical AI, agentic AI, and synthetic data workloads as drivers of storage demand beyond 2027.
The piece also notes Western Digital’s revenue and profit expectations, with 2027 revenues projected at $19.1 billion including more than $8 billion of profit, and 2029 revenue and net income forecast at $31.9 billion and $16.7 billion, respectively.