Micron CEO Sanjay Mehrotra said on Wednesday that while Micron’s robust growth has "of course" been fueled by AI and data centers, the company is well-positioned in other markets as well.
Micron shares have nearly doubled so far in 2025. The company makes memory and storage, which are important components for computers, and it has been one of the winners of the artificial intelligence boom. That’s because high-end AI chips such as those made by Nvidia require increasing amounts of high-tech memory called high-bandwidth memory, which Micron makes.
