As South Korea Walks Back Its AI Tax Proposal, the Brief Selloff in MU Stock Is a Non-Event

Micron Technology Inc. (MU) is a global leader in advanced semiconductor solutions, specializing in DRAM and NAND memory storage systems. The company has, over time, transitioned from being a traditional PC component supplier to an infrastructure keystone in this artificial intelligence era. Micron’s hardware serves as the essential high-speed memory backbone that is currently powering the global data centers, generative AI platforms, and autonomous vehicles.

Founded in 1978, the company is based in Boise, Idaho. The company operates fabrication facilities in the United States and Asia.