What CEO Sanjay Mehrota Just Said Shows Why Micron Is About to Become a $1,000 Stock
Key takeaways
- Nvidia (NVDA) and Advanced Micro Devices (AMD) rely on HBM from suppliers including SK Hynix, Samsung Electronics, and Micron to power their AI chips.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Micron Technology wasn t one of them.
- Data centers are straining electric grids, utilities are warning about power shortages, copper supplies are tightening, and semiconductor packaging capacity remains constrained.
What CEO Sanjay Mehrota Just Said Shows Why Micron Is About to Become a $1,000 Stock Rich Duprey Sun, May 24, 2026 at 12:04 AM GMT+7 5 min read MU NVDA 000660.KS 005930.KS AMD Quick Read Micron (MU) can only satisfy 50% to 66% of customer demand for high-bandwidth memory used in AI accelerators, with HBM pricing running several times higher per bit than conventional memory as the company shifted data center revenue to more than triple year over year in Q2 with gross margins expanding 54 percentage points. Nvidia (NVDA) and Advanced Micro Devices (AMD) rely on HBM from suppliers including SK Hynix, Samsung Electronics, and Micron to power their AI chips.
Micron is transitioning from a cyclical commodity memory company into an AI infrastructure player with structural pricing power as inference workloads and agentic AI systems require constant memory capacity, while competitors SK Hynix and Samsung could pressure margins later in the decade if they aggressively expand capacity.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Micron Technology wasn t one of them. Get them here FREE.