Cnbc Micron Technology

Micron Technology Stock Surges Amidst Chip War

Micron's Unique Position in the Memory Market

Micron is currently the only company in the United States producing memory chips, making it a strategic target in the ongoing chip war.

Importance of Micron's Memory for Advanced Technology

The company's most advanced memory is crucial for artificial intelligence (AI) and graphics processing units (GPUs), such as Nvidia's.

Micron's Massive Investment in US Chip Production

To address the growing demand, Micron is planning the largest chip project in US history, investing $100 billion over 20 years.

Micron's Dominance in the DRAM Market

Micron, along with Samsung and SK Hynix, controls 90% of the world's DRAM memory chip production.

CNBC Interview with Micron CEO

On Thursday, CNBC's Jim Cramer interviewed Micron Technology CEO Sanjay Mehrotra to discuss the company's strategic position and the impact of the chip war.