Micron set to become third most profitable US company after Nvidia and Google, driven by AI demand

Micron Technology is on the verge of a dramatic profitability surge that will make it the third most profitable company in the US, behind only Nvidia and Google. Big Tech firms are paying astronomical prices for AI memory components, driving a sharp turnaround in Micron's finances. Surging demand for High Bandwidth Memory used in AI systems is the key driver of this transformation.