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Micron CEO Says 'Trillions' Will Be Invested In AI, With Significant Portions 'Spent On Memory' As We Are The 'Only US-Based Manufacturer' - Micron Technology (NASDAQ:MU)

Semiconductor giant Micron Technology Inc. MU is well-positioned for the AI infrastructure boom, as CEO Sanjay Mehrotra says the ongoing wave of investment stands to significantly benefit the memory market.MU stock is gaining positive traction. Check out the latest moves here.‘Trillions’ Will Be Invested In AIDuring the company’s fourth-quarter earnings call on Tuesday, Mehrotra said, “Over the coming years, we expect trillions of dollars to be invested in AI,” of which he expects “a significant portion” to ...