Micron’s AI-Driven Ascent: Assessing the Sustainability of a Memory Boom

The narrative surrounding Micron Technology has decisively shifted, with the memory chip manufacturer now positioned at the heart of the artificial intelligence revolution. A potent mix of bullish analyst commentary, sold-out production capacity, and a landmark domestic investment are painting a picture of a structural, rather than cyclical, demand surge. While the recent share price appreciation is notable, the central question for investors is the durability of this AI-fueled upswing.

The current wave of optimism is grounded in the belief that the memory sector has entered an AI-driven “supercycle.” Market observers contend this differs from past industry fluctuations, being fueled by sustained, structural demand from hyperscalers and data Read more...