Memory chipmaker Micron (MU) is heeding President Donald Trump's call for companies to manufacture in the United States. As the only major U.S. manufacturer of high-demand memory chips, Micron is not merely a critical player in the artificial intelligence (AI) industry; its importance in the larger realm of geopolitical significance is indisputable, just like Nvidia (NVDA).
Now, the company is bringing 1-alpha DRAM manufacturing to Manassas, Virginia. What is 1-alpha — and is it even possible for this news to take MU stock higher ? Let's take a closer look.