Elon Musk’s X post on humanoid robot memory lifts Micron stock
Elon Musk posted on X that DRAM needed for humanoid robots will "exceed everything else on Earth," prompting a jump in Micron Technology shares. The comment came after Musk replied to a Citrini Research analyst and highlighted Tesla’s memory cuts for its Optimus robot chips. Micron’s CEO Sanjay Mehrotra said physical AI, including autonomous vehicles and humanoids, could become a major memory driver by decade’s end.
Why it matters
The stock reaction shows investors view the robot memory story as a new growth catalyst for Micron, potentially expanding its addressable market beyond data centers. Analysts have raised price targets, citing tight supply and rising demand for DRAM in physical‑AI applications.
Key facts
- 1Musk’s X post on Oct. 26 noted that DRAM needed for humanoid robots will exceed everything else on Earth. fool.com
- 2Micron shares rose more than 5% after Musk’s remark. fool.com
- 3Micron shares rose about 2.5% after the remark. finance.yahoo.com
- 4Counterpoint Research projects DRAM demand from humanoids could increase by almost 21× between 2026 and 2030. fool.com
- 5Micron posted fiscal Q4 revenue of about $54.2 billion, up 379% from a year earlier. finance.yahoo.com
- 6Micron’s GAAP gross margin reached about 87% in the fiscal fourth quarter. finance.yahoo.com
Open questions
- The reported magnitude of Micron’s stock rise differs: >5% in material 1 versus about 2.5% in material 2.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.