Micron CEO says AI boom drives 'unprecedented' memory demand as company invests $250B ^44.3%

www.foxbusiness.com - 7/9/2026, 11:00 PM

Pessimism Bias 15.7% - Availability Heuristic 15.1% - Optimism Bias 14.2%

Micron CEO Sanjay Mehrotra detailed the company’s new $250 billion U.S. investment as the chip-making giant responds to surging demand for memory storage in the age of artificial intelligence . The Boise-based technology company announced Thursday the billion-dollar investment will help Micron’s long-term objective of producing 40% of... more