Micron Technology, Inc. has announced a reorganization of its business units to better leverage the growth opportunities presented by artificial intelligence (AI) across diverse market segments. This strategic restructuring is driven by the increasing importance of high-performance memory and storage in propelling AI advancements, from data centers to edge devices. The reorganization will create four distinct business units, each focused on specific customer segments and end markets, thereby enhancing Micron's ability to deliver differentiated solutions through deeper customer engagement. The transition to this new structure will begin immediately, with financial reporting under the new organization set to start in the fourth quarter of fiscal year 2025.

• Micron Technology last closed at $68.80 down 0.8%.

Elsewhere in the market, Hua Hong Semiconductor was a notable mover up 3.3% and ending the day at HK$36.15. Meanwhile, NVIDIA lagged, down 2.9% to finish the session at $101.49. Two days ago, the company announced new AI chip integrations to enhance smart city capabilities and introduced cost-efficient GPUs for gamers and creators.

Micron Technology is strategically positioned to capture growing AI-driven memory demand with its increased HBM production and partnerships. Explore more about this opportunity by clicking on the narrative.

Get in fast to read our detailed analysis in the Market Insights series article titled 'DeepSeek and Trump’s EOs,' which uncovers how DeepSeek's revolutionary AI model challenges the $600 billion AI chip investment narrative.

Best AI Chip Stocks

• QUALCOMM ended the day at $136.66 up 0.7%.
• Advanced Micro Devices settled at $87.50 down 0.9%.
• Intel finished trading at $18.93 down 1.6%.

Next Steps

• Discover the full array of 48 AI Chip Stocks, featuring Semiconductor Manufacturing International, Cambricon Technologies and Tokyo Electron, right here.
• Interested In Other Possibilities? Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 24 best rare earth metal stocks of the very few that mine this essential strategic resource.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Micron Announces Business Unit Reorganization to Capitalize on AI Growth Across All Market Segments" from Micron Technology, Inc. on GlobeNewswire (published 17 April 2025)

Companies discussed in this article include SEHK:1347 NasdaqGS:QCOM NasdaqGS:MU NasdaqGS:AMD NasdaqGS:INTC and NasdaqGS:NVDA.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com