Micron’s Billion-Dollar Bet on AI Chips

The global race for artificial intelligence processing power is pushing semiconductor manufacturers to their limits, and Micron Technology is making an aggressive move to capture market share. The American memory chip giant is placing a massive strategic wager on the future of AI, channeling billions into new production capacity to address a critical industry shortage.

Micron’s transformation is well underway, with its data center business now serving as the primary growth engine, accounting for more than half of its total revenue. The company is steadily moving beyond the cyclical patterns that once characterized its operations, aligning itself instead with the long-term, structural expansion of AI infrastructure. This Read more...