MU · News · 20260916N

AI Infrastructure Demand

MICRON TECHNOLOGY INC · 2026-09-16 · Importance 69 · Surprise 64

Bank of America expects the semiconductor industry’s total addressable market to expand to $3.2 trillion by 2030 from an estimated $1.7 trillion in 2026. Nvidia is reportedly budgeting $279 billion for memory through 2032, spanning high-bandwidth memory, DRAM, NAND, and enterprise solid-state drives. These figures indicate sustained AI infrastructure demand across Micron’s memory and storage product categories, although reports note investor concern about a potential slowdown in AI development.

Key facts

• MICRON TECHNOLOGY INC climbed approximately 0.6% to $933.35 on Wednesday. source