If You'd Invested $100 in Micron 10 Years Ago, Here's How Much You'd Have Today

Core Viewpoint - Micron Technology has experienced significant stock growth over the past decade, primarily driven by the demand for high bandwidth memory in artificial intelligence applications [2][6][8]. Group 1: Stock Performance - Micron stock has increased over 1,300% in the last 10 years, with a notable rise from $100 to over $1,434 in just one year [2][8]. - The stock traded in a tight range of $5 to $15 from the early 2000s to late 2010s, indicating a long period of stagnation before the recent surge [2][3]. Group 2: Drivers of Growth - The surge in Micron's stock price is attributed to the rise of artificial intelligence and the demand for high bandwidth memory, which is essential for training large language models [4][5]. - Sales of Micron's high bandwidth memory chips are growing at an impressive annual rate of 50%, contributing to the stock's nearly tripling since the start of 2025 [5][6]. Group 3: Future Outlook - High bandwidth memory currently constitutes about 15% of Micron's revenue, suggesting potential for further growth as demand in the AI sector continues to rise [6].