Nvidia stock has gained 255% in the past year, but Micron's gains stand at 91%. The market for AI inference chips is expected to grow from $16 billion in 2023 to $91 billion in 2030, according to reports from Verified Market Research. Investors looking for a cheaper way to play the AI boom are likely to consider Micron for their portfolios, considering its attractive valuation and its rapid growth.
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