The High Stakes Dance of Sustainability and Tech Micron Technology's (MU) remarkable run has caught many investors off guard, with its share price skyrocketing 673. 31% over the past 52 weeks.
As of writing, its market capitalization stands at an astonishing $1. 15 trillion. But what's behind this impressive performance?
Impax Asset Management's investor letter highlights Micron's surge as a key beneficiary of accelerating demand for high bandwidth memory used in AI training and inference applications.