Part 7/15:
Geopolitical shifts, such as the United States’ Chips and Science Act, are further elevating Micron’s strategic importance. With over $6 billion in federal support, Micron is expanding manufacturing facilities in Idaho and New York, positioning the company to benefit from reshored chip production as foreign rivals like Samsung and SK Hynix lose cost advantages overseas.
Historically cyclical, Micron's business is now intrinsically linked to the structural growth of AI and data centers. The explosion in data storage demands—driven by AI’s rise—marks a long-term, sustainable growth trajectory that surpasses traditional consumer electronics cycles.