Micron’s stock might be an excellent play for AI investors who want to diversify beyond Nvidia

Investors have shown their enthusiasm for artificial intelligence this year by sending shares of Nvidia Corp. on a rocket ride. But there are other hardware companies selling products that are used by data centers every time an Nvidia graphics processing unit is installed. And the rollout of new high-bandwidth memory technology next year could provide a boost for Micron Technology Inc. This could be an easy way for U.S. investors to take a more diversified approach to AI.

Nvidia’s stock NVDA has returned 189% this year, with…