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Trump Touts Micron as 'Hottest' Company Amid Nvidia's $279 Billion Supplier Commitments

Guavy AI Editorial Team
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US President Trump praised Micron Technology as one of the world's 'Hottest' companies on Truth Social, just after Nvidia disclosed a staggering $279 billion in supplier commitments.

The disclosure by Nvidia came in its fiscal second quarter results, which showed a significant jump in memory purchase commitments. This has led to concerns about who will benefit most from an AI-driven memory squeeze.

Micron's CEO Sanjay Mehrotra credited Trump's 'leadership and policies' for the company's growth, calling it 'the Trump effect'. However, analysts are now questioning whether Micron can meet its promises of delivering 40% of DRAM produced domestically by 2035.

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