3 Stocks Riding NVIDIA’s AI Wave: MU, UBER, LOGI

NVIDIA NASDAQ: NVDA The most important stock in the market but not the only one to benefit from AI or its advancements. Like peripheral businesses Micron Technology NASDAQ: MU And colleagues like Logitech International NASDAQ: LOGI And Uber Technologies NYSE: UBER are in good condition. They are positioned to benefit from demand in the first case and advances in AI in the second, and more importantly, able to capitalize on it.

Why Micron’s HBM3E technology leads the industry

Micron’s HBM3E Technology is the best and will be in high demand with or without NVIDIA. Provides the ability to run HBM3E The most advanced cloud application With better performance and lower power usage than its competitors. It just so happens that NVIDIA’s GPUs and CPUs are central to the growth and demand for AI today. This and normalization in legacy markets has Micron’s revenue growing at a high pace in 2025 and is forecast to remain strong in the following year. Among the critical details are margins, which are widening due to strength in high-margin next-gen end-markets and revenue leverage.

Consensus estimates for 2025 and 2026 rose at the end of 2024 but are likely lower due to demand and ramping capacity. The company is expanding its HBM footprint with a $7 billion facility expected to begin operations in early 2026, and other links in the AI ​​supply chain are doing the same. Taiwan Semiconductor is expanding capacity in several locations, paving the way for onshoring production of NVIDIA’s most advanced technology. Regarding price targets, the analyst consensus reported by MarketBeat predicts the stock to trade near $135, or 35% from early January trading levels.

Uber and NVIDIA aim to disrupt the autonomous vehicle industry

Uber and NVIDIA are collaborating on a program that leverages Uber’s data generation capabilities and NVIDIA’s AI computing power. Autonomous driving. Although still a future event, the move to autonomous driving will open up new revenue opportunities for the company, allowing it to evolve with the technology, and the outlook is bright.

Analysts predict double-digit growth for Uber over the next few years, with earnings quality improving. The company has already significantly improved its earnings quality, as seen in the 2024 report, and has embarked on aggressive capital returns as a result. Capital returns are expected to continue and likely strengthen, with buybacks providing market support at critical times while improving shareholder value.

Analysts like Uber. Not only is coverage increasing, but sentiment is firm at moderate buy, and the price target is trending higher. Activity is mixed; There were some downgrades and price target cuts in 2024, but the positives outweigh the negatives, leaving the consensus target around 60% higher for the year and 40% higher than January’s initial price action.

Logitech Advanced Streaming Capability: Expands NVIDIA AI use-cases

Logitech, NVIDIA, and Inworld AI collaborated on an AI agent for streamers. The tool on G’s Streamworld provides a 3-D assistant that can co-host while automating production. While having little impact on revenue, Assistant is another feature that sets Logitech apart from competitors. Logitech is leading manufacturer peripheral devices for computers and services to support them; Adding AI agents to its ecosystem is a natural progression.

Regarding Logitech’s revenue and earnings outlook, the company expects to sustain growth in 2025 and accelerate it over the next few years. The stock is forecast to grow more than 50% to earnings by 2030, placing it at 14 times valuation and deep-value territory.

Logitech’s dividend is part of its appeal. The stock isn’t high-yielding, but it’s competitive, with the S&P 500 running close to 1.5% and reliable. The company pays just 25% of its current year earnings outlook and has a solid track record of growth. The company has grown its payout at a double-digit CAGR for over a decade and maintains long-term growth at this pace thanks to balance sheet health, improving cash flow, and an outlook for earnings growth. should be kept

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