Space Exploration Technologies and Tesla (NASDAQ:TSLA) CEO Elon Musk has given shares of Micron Technology (NASDAQ:MU) a terrific boost after his latest post on X, formerly Twitter. While replying to a post by an analyst at Citrini Research, which provides thematic equity investing and macro trading insights, Musk pointed out that the dynamic random-access memory (DRAM) needed in humanoid robots "will exceed everything else on Earth." Micron stock surged more than 5% following Musk's remark. In this article, we will check if humanoids can indeed become the next major growth driver for the memory industry and Micron Technology.
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