There is no AI without memory, says Micron CEO Mehrotra

Watch on YouTube ↗  |  August 20, 2026 at 23:35  |  1:42  |  CNBC
Speakers
Sanjay Mehrotra — CEO, Micron
Jim Cramer — Host, Mad Money

Summary

Jim Cramer interviews Micron CEO Sanjay Mehrotra at Micron's Boise memory fab. Mehrotra argues that AI systems require more memory, higher-performance memory, and lower-power memory. He sees memory as a key enabler across data centers, phones, PCs, and self-driving cars.

  • Cramer says memory chips were historically underappreciated.
  • Mehrotra says there is no AI without memory.
  • AI systems need more higher-performance, lower-power memory.
  • Memory demand is rising across data centers, phones, PCs, and self-driving cars.
  • The conversation takes place at Micron's memory fab in Boise, Idaho.
Ideas
Sanjay Mehrotra CEO, Micron 0:17
AI structurally raises memory demand
There is no AI without memory. AI systems across data centers, phones, PCs, and self-driving cars require more memory, higher-performance memory, and lower-power memory, which has changed the value equation for memory and made it a key enabler of customer growth.
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This CNBC video, published August 20, 2026, features Sanjay Mehrotra discussing MU. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Sanjay Mehrotra  · Tickers: MU