Micron Technology (NASDAQ: MU) has spent decades making memory chips. Now, the company believes artificial intelligence could create the greatest opportunity the company has ever seen. "Super intelligence is creating the most compelling opportunity for Micron in its history," CEO Sanjay Mehrotra said during the company's fiscal 2026 fourth-quarter earnings call on Sept 30. That is a bold statement from a company that has survived multiple memory-market booms and busts. But the interesting part isn't simply that AI needs more memory, but that memory could become a more important source of competitive advantage for AI companies, giving Micron greater opportunities to differentiate its products and capture value.
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