Micron CEO Mehrotra: ‘No AI Without Memory’ — Inside Boise Memory Fab

Bullish Gator

Micron CEO Sanjay Mehrotra joins Jim Cramer at the Boise memory fab to discuss chip demand, investing in America, stock buybacks and implications for AI.

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What stands out

At Micron’s Boise memory fab, CEO Sanjay Mehrotra told Jim Cramer “There is no AI without memory,” which is less rhetoric and more a reminder that DRAM and NAND are the plumbing behind every flashy AI demo. The interview matters because Micron sits at a rare intersection: average revenue up about 20.3% year-over-year (YoY) and average net income soaring roughly 239.1% YoY, even as executives talk domestic investment and stock buybacks. For long-term allocators, Mehrotra’s pitch reframes Micron as both a supplier to the AI buildout and a capital-allocation story to monitor.