Micron - Memory Chip Manufacturer Benefits Massively from AI Boom!

Business Driver: Micron Technologies (MU) has positioned itself strongly in DRAM, NAND, and SSD memory chips. As chip demand has now passed its low point, Micron Technologies is benefiting not only from rising chip sales but also from higher sales prices. One of the main growth drivers for Micron Technologies is the current AI boom, as hyperscalers like Alphabet, AWS, and Microsoft significantly expand their data and cloud center capacities required for programming and training LLM models. Micron Technologies can also benefit from increasing sales...