
Ranking among the world's largest semiconductor companies, Micron Technology Inc (NASDAQ:MU) plays a pivotal role regarding the broader artificial-intelligence machinery. Specifically, Micron specializes in memory and storage chips, primarily DRAM and NAND flash. The former category provides fast, temporary memory for diverse applications such as PCs and AI accelerators, while the latter category represents non-volatile storage used in data centers and cloud applications.
Fundamentally, Micron is critical to machine intelligence because its products form the backbone of AI-related functionalities. Obviously, AI models require enormous amounts of memory to train and run efficiently. Where Micron enters the space is with its high-bandwidth memory (HBM) products, which is a special kind of DRAM designed to move massive volumes of data extremely quickly. This capacity reduces the time it takes for data to move back and forth.