Bank of America Reframes Micron as AI Memory Costs Rise
Bank of America has reset its outlook on Micron as investors confront a new reality in artificial intelligence: memory is becoming a more expensive and strategically important input. The move reflects expectations that tight supply, strong data-center demand, and a prolonged RAM shortage could keep pricing elevated well into the next cycle. For Micron, the shift underscores how AI infrastructure spending is no longer just about chips for compute, but also about the memory systems that feed them.
