Investment Opportunities on the Rise: AI Chips and E-Commerce Giants Worth Your Attention

The Memory Chip Play in the AI Boom

When investors discuss the artificial intelligence revolution, they typically focus on graphics processing units and cloud computing platforms. Yet one critical component often gets overlooked: the memory infrastructure that powers these systems. Micron Technology (NASDAQ: MU) represents a compelling entry point into this overlooked segment of the AI hardware ecosystem.

The stock has climbed 193% year-to-date, with momentum showing no signs of abating. What’s driving this surge? The company’s revenue surged nearly 50% in fiscal 2025, primarily fueled by insatiable demand from data center operators building out AI infrastructure. Memory chips serve as the backbone of LLM operations—they house the vast datasets required for model training and provide the active working memory systems need to process and respond to queries.

Historically, Micron faced headwinds from cyclical demand patterns and lackluster growth prospects. Generative AI is fundamentally altering this narrative. According to semiconductor experts, the memory chip shortage expected to intensify through 2026 has already prompted competitors like Samsung Electronics to implement aggressive pricing strategies, with some memory products seeing 60% price increases. This supply-demand imbalance creates a window for Micron to expand its own margins substantially.

From a valuation standpoint, the opportunity appears attractive. Trading at a forward P/E multiple of 15.5, Micron looks deeply undervalued relative to its long-term growth trajectory. The Nasdaq-100 average sits at 26, while leading AI chip manufacturers command multiples in the high twenties.

The E-Commerce and Cloud Computing Powerhouse

Amazon (NASDAQ: AMZN) presents a different but equally compelling thesis for investors considering $500 stakes in market-leading technology companies. Trading near $234 per share, the company’s scale and competitive moat across multiple business segments justify serious consideration.

While some observers dismiss Amazon based on its $2.5 trillion market capitalization, suggesting growth has plateaued, this assessment misses crucial expansion vectors. The international e-commerce division, generating $40.9 billion in third-quarter sales, represents less than half the size of North American operations—indicating substantial runway for geographic expansion and operational scaling.

Amazon’s technology-driven approach to operational efficiency deserves particular attention. The company deployed its millionth warehouse robot this year, designed to streamline packing and sorting operations. Beyond the initial capital expenditure, these systems generate accelerating returns through productivity gains over their operational lifespans. More intriguingly, Amazon has layered generative AI capabilities on top of this robotic infrastructure, optimizing travel paths and coordinating between machines and human workers with unprecedented precision.

The company occupies a unique strategic position: it’s simultaneously implementing AI across its own sprawling operations while monetizing AI capabilities through Amazon Web Services. This dual approach provides multiple revenue streams and competitive advantages. Additionally, Amazon’s 15% to 19% stake in Anthropic, a prominent language model developer contractually bound to use AWS infrastructure, reinforces its embedded position within the AI ecosystem.

Why These Stocks on the Come Up Merit Investor Attention

Both holdings offer exposure to transformative technology trends through different mechanisms. Micron provides direct leverage to AI infrastructure buildout with substantial valuation upside, while Amazon demonstrates how established corporate giants can harness AI to enhance profitability and defend market leadership.

The combination of favorable industry tailwinds, compelling valuations, and clear growth catalysts makes these candidates worth evaluating for portfolios seeking exposure to technology’s next chapter.