Elon Musk's Comments on Humanoid Robot Memory Demand Boost Micron Technology Shares
Tesla and SpaceX CEO Elon Musk sparked a rally in Micron Technology (MU) shares after suggesting that the memory requirements for humanoid robots will eventually exceed all other global demand. Musk specifically highlighted the need for low-power DRAM (LP5), providing a new growth narrative for memory manufacturers beyond traditional data center applications. Market analysts suggest a massive runway for this sector, with Counterpoint Research predicting DRAM demand from humanoids could increase 20-fold between 2026 and 2030. As companies like Tesla move toward Optimus production and Toyota plans significant robotics investments to modernize factories, the resulting supply tightness in the DRAM and NAND markets is expected to persist through at least 2027.
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Topics: AI demand DRAM humanoid robots memory chips
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Part of the story Elon Musk's Comments on Humanoid Robot Memory Demand Boost Micron Technology Shares (2 articles)