CEO Sanjay Mehrotra Says Demand for Memory Will Keep Lifting Micron Stock for Years to Come

Semiconductor powerhouse Micron Technology (MU) has turned memory into momentum. Shares of the artificial intelligence (AI)-focused memory and storage maker have surged by three digits over the past year as a global shortage is colliding with explosive demand. AI systems rely on memory to keep vast datasets close to GPUs, enabling large models to run faster without costly slowdowns. Micron CEO Sanjay Mehrotra stated that AI-driven demand is accelerating and irreversible, forcing the industry to scale rap ...