AI Data Centers Are Choking on Memory: Is Micron a Buy After Its Monster Run?

Shares of Micron Technology (MU +4.80%) have soared over the past year due to a shortage of high-performance memory for data centers. The company could see strong financial performance over the next few years, as demand remains well above supply.The key question investors need to answer before buying Micron today is whether this cycle is different. Will artificial intelligence (AI)-driven demand bring an end to the industry's boom-and-bust cycles in memory pricing, or will prices eventually tumble again, as ...