2 Millionaire-Maker AI Stocks to Buy in February

Micron and Broadcom offer diversified exposure to the generative AI opportunity.

Published on Feb. 10, 2026

Got story updates? Submit your updates here. ›

Analysts at Goldman Sachs expect big tech giants to spend over half a trillion dollars on AI-related capital expenditure in 2026. Much of that money is going to data center hardware like AI accelerator chips, high-bandwidth memory devices, and various types of networking equipment. Investors can maximize returns by betting on pick-and-shovel providers like Micron Technology and Broadcom.

Why it matters

The eye-popping level of hardware spending contrasts with low profits and often huge losses on the consumer-facing software side of the AI industry. This dynamic means investors can maximize returns by betting on companies that provide the underlying hardware and infrastructure powering the AI boom.

The details

Micron Technology is benefiting from ravenous AI demand sending demand for its memory hardware soaring, with fiscal first-quarter revenue jumping 57% year over year. Broadcom's application-specific integrated circuits (custom chips) offer an alternative to expensive general-purpose hardware like Nvidia GPUs, allowing Broadcom to secure high-profile contracts with AI leaders like OpenAI and Google.

  • Micron's fiscal first-quarter revenue jumped 57% year over year to $13.6 billion.
  • Memory shortages are expected to continue until 2027.

The players

Micron Technology

A memory hardware specialist that is benefiting from the AI-driven surge in demand for its products.

Broadcom

A provider of application-specific integrated circuits (custom chips) that offer a cost-effective alternative to general-purpose hardware for AI workloads.

Goldman Sachs

An investment bank that expects big tech giants to spend over half a trillion dollars on AI-related capital expenditure in 2026.

OpenAI

The creator of ChatGPT, which has partnered with Broadcom to deploy 10 gigawatts of OpenAI-designed accelerators.

Google

A major partner of Broadcom, designing its own proprietary AI chip called the Tensor Processing Unit (TPU) to compete with Nvidia's GPUs.

Got photos? Submit your photos here. ›

The takeaway

The AI hardware market presents a significant opportunity for investors, as the surging demand for AI-related infrastructure is outpacing the profitability of consumer-facing AI software. By investing in pick-and-shovel providers like Micron and Broadcom, investors can gain diversified exposure to the AI boom and potentially generate outsized returns.