Micron Technology is a key player in the growing semiconductor industry, vital for AI, autonomous vehicles, and data centers. Its investments in cutting-edge technologies, like EUV lithography and advanced-node DRAM, enhance its competitive edge. As the industry shifts to higher-margin products like high-bandwidth memory (HBM) for AI workloads, Micron is well-positioned to benefit. The company’s strong balance sheet and commitment to shareholder returns, including stock buybacks, add to its appeal. Additionally, the cyclical memory market shows signs of recovery, with rising prices for DRAM and NAND. Micron’s strategic partnerships and expanding production capabilities further strengthen its long-term growth prospects.