24/7 Wall St. August 24, 2026 • 13:15

Micron’s CEO Says Memory Is No Longer a Commodity, and He Is Betting $10 Billion On It - 24/7 Wall St.

By Omor Ibne Ehsan

Micron’s CEO Says Memory Is No Longer a Commodity, and He Is Betting $10 Billion On It - 24/7 Wall St.

Micron's CEO just committed $10 billion to prove memory has escaped the commodity trap forever, but the market is pricing the stock like it does not believe him yet.

Sanjay Mehrotra used a CNBC appearance from Boise last Thursday to unveil Micron Research Labs, a $10 billion investment in basic research aimed at next-generation AI memory. He framed it with a clai… [+4603 chars]

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