Micron CEO Calls Memory The 'Key Enabler' Of AI As The Company Tackles 'Long Lead Time' To Address Chip Shortage - Micron Technology (NASDAQ:MU)

Micron Technology Inc. (NASDAQ:MU) CEO Sanjay Mehrotra highlighted the current memory chip shortage, attributing it to the increasing demand for artificial intelligence (AI) across various sectors. Memory Emerges as Strategic AI Asset“Memory is a key enabler of AI. It is a strategic asset today, not just a component in the system,” he stated on the CNBC ‘Squawk on the Street’ from Davos, Switzerland on Tuesday.Mehrotra also discussed Micron’s efforts to address the shortage, including the expansion of manuf ...