Which Hot Growth Stock Is The Better Buy Right Now: Micron or SpaceX? - The Motley Fool

In the current tech stock boom, Micron Technology and SpaceX have emerged as two prominent growth stocks. Micron is thriving due to strong demand for memory chips, especially high-bandwidth memory (HB... Read original →

The AI compute arms race has elevated HBM to the apex of the semiconductor value chain. Micron, as the sole U.S.-based DRAM leader, not only captures urgent orders from NVIDIA and hyperscalers but also stands as a prime beneficiary of CHIPS Act-driven supply chain reshoring. This triggers downstream effects on advanced packaging and TSV processes, compelling Samsung and SK Hynix to accelerate CoWoS-compatible HBM3E development. Tightening U.S. export controls paradoxically reinforce Micron’s strategic indispensability, while SpaceX’s Starlink—despite its orbital data infrastructure—faces scrutiny over its unprofitable model and a frothy 125x price-to-sales ratio. Over the next 18 months, CXL-enabled server platforms will push HBM adoption from 15% to over 30%, making Micron’s yield ramp and capex efficiency decisive advantages far more tangible than reusable rockets.