Micron CEO Warns AI Demand Is Breaking Traditional Memory Cycles
Micron Technology CEO Sanjay Mehrotra argues that artificial intelligence demand is fundamentally altering the memory market, breaking historical boom-and-bust cycles. The company’s cloud-memory revenue has quadrupled to $13.8 billion in a single quarter, driven by AI data centers. To secure this growth, Micron is investing over $250 billion in U.S. manufacturing through 2035, aiming to reduce reliance on Taiwan and mitigate geopolitical risks.
