Micron’s AI-Driven Memory Comeback

Micron Technology is roaring back after a brutal downturn, fueled by the AI boom and soaring demand for its high-bandwidth memory chips—driving revenue and stock up over 800% in a year. Once battered by collapsing consumer demand, the company slashed costs and cut staff, but now boasts 53,000 global employees and plans to add 90,000 more jobs. A recent 13% dip triggered by regulatory scrutiny of Korean rivals hasn’t dented confidence in Micron’s core strength, with manufacturing expanding in Idaho, Virginia, and New York—and global reach spanning automotive, medical, and more. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3401235c042d9c02