Here's My Top Artificial Intelligence (AI) Stock to Buy in December (Hint: It's Not Broadcom)

Group 1: Broadcom Overview - Broadcom is a key player in the AI chip market, designing custom processors that help hyperscalers reduce data center operating costs [1] - The company has established a solid customer base, including OpenAI, Meta Platforms, and Alphabet, and has experienced healthy growth in AI revenue [2] Group 2: Micron Technology Performance - Micron Technology is set to release its fiscal 2026 first-quarter results, with management guiding for $12.5 billion in revenue, a 45% increase year-over-year, and non-GAAP earnings guidance of $3.75 per share, more than double the previous year's figure [5] - The growth is driven by a favorable demand-supply environment in the memory market, significantly boosted by AI [6] Group 3: Market Trends and Projections - Demand for server memory chips is outpacing supply, leading to a price spike, with DRAM prices increasing by 50% in 2025 and expected to double by the end of 2026 [7] - Counterpoint Research anticipates a 50% increase in overall memory prices by Q2 2026, suggesting strong revenue and earnings growth for Micron in the upcoming year [8]