Micron Technology (MU)

[JLS]

Another great AI play

Keith Speights (Micron Technology): Yes, NVIDIA is a fantastic stock for cashing in on the artificial intelligence (AI) boom. But I think one of its partners could be an even bigger winner. Actually, so far in 2017, it already has. This great AI play is none other than Micron Technology.

Micron stock has soared more than 90% year to date. Its performance was even better just a few weeks ago. Even with the pullback, though, Micron is handily beating NVIDIA's gain in 2017.

In some respects, Micron and NVIDIA are joined at the hip. NVIDIA uses Micron's memory chips in its own graphic cards. Micron's new products announced earlier this year made the company even more attractive to NVIDIA. However, Micron is also forging its own path in AI. In September, the company announced innovative high-performance memory chips specifically geared toward the autonomous vehicle market. The chips are now in the hands of several automakers.

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