Micron Technology, Super Micro Computer, and Dell Technologies are positioned for further gains into 2027 as AI infrastructure spending accelerates. Micron reported fiscal third-quarter revenue of $41.46 billion, up 345.7% year over year, with non-GAAP earnings per share of $25.11 and a forward price-to-earnings ratio of just 5, while Wall Street's consensus price target sits at $1,507.79 and bulls see a path to $1,600. Super Micro shares trade 33% below their year-ago price at $31.13 despite 123% revenue growth to $10.24 billion and more than $13 billion in Blackwell Ultra orders, with a consensus target of $37.81 and a potential re-rating toward $50 if the audit overhang clears. Dell's first-quarter fiscal 2027 revenue jumped 87.5% to $43.84 billion, AI-optimized server revenue surged 757% to $16.13 billion, and management raised full-year revenue guidance to between $165 billion and $169 billion, putting a $600 share price within reach if the $43 billion backlog converts on schedule.
