2 AI Stocks, NVIDIA and Micron Technology to Buy in January 2026 and hold for the Long Term
Artificial intelligence boom can be seen as a generational shift which is similar to the 1990s internet boom. Morgan Stanley projects efficiency gains which will be driven by AI to unlock US$40 trillion in global economic value over the next decade. Riding this wave requires focusing on proven players with scale, profitability and AI dominance. NVIDIA and Micron Technology are two such players powering AI infrastructure.
These companies dominate compute and memory with strong balance sheets funding relentless innovation. Their ecosystems lock in hyperscalers and enterprises which ensures multi year demand as AI scales from training to inference.
NVIDIA Corporation (NASDAQ: NVDA)
Revenue surged to reach US$57.0B in Q3 FY2026 which was up 62% year over year, with nine month totals hitting $147.8B, up 62%.
Blackwell GPUs and NVLink networking catalyze AI dominance, comprising the majority of Data Center revenue at US$51.2B quarterly, which was up 66% year over year.
Future roadmap features annual architecture cadences like Blackwell Ultra (GB300), with NVLink fabrics scaling agentic AI. Revenue from Data Center computing grew by 59% and networking grew by 105% over nine months.
Micron Technology, Inc. (NASDAQ: MU)
Q1 FY2026 revenue hit US$13.6B which was up 57% year over year from US$8.7B.
HBM and high capacity DIMMs helped Cloud Memory Business Unit growth to US$5.3B (39% of revenue), which was doubled year over year on AI server demand. Data center bits also soared amid AI supply gaps.
2026 and after road map includes ramping of HBM packaging in Singapore and plan to invest in leading edge memory manufacturing sites in Idaho and New York
Profitability saw a surge with 56% gross margin, US$6.1B operating income (45% margin) and US$5.2B net income.
(Source: Company Announcements)
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