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Micron Surges 45% Amid AI Demand Supercycle
ByAinvest
Sunday, Jan 11, 2026 10:43 am ET1min read
Micron's shares have surged 45% in the past month due to breakneck sales and profit growth driven by AI demand. The company is sold out of high-bandwidth memory and has shuttered its consumer memory business to reallocate resources. Micron plans to spend $20 billion this year and is investing in new fabs to meet surging demand for memory used in artificial intelligence. The US share of semiconductor production capacity has dwindled, but the CHIPS Act and President Trump's "Made in America" pledge aim to bolster US manufacturing.
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