Musk's Memory Boost: What it Says About Tech's AI Ambitions Elon Musk's recent endorsement of Micron Technology has sent shockwaves through the tech world, with the company's stock price soaring in response.
The boost is largely attributed to Musk's comments on a SpaceX earnings call highlighting a crucial issue in AI research and development: memory supply is not keeping pace with demand.
According to Musk, memory output is increasing by around 20% per year, but demand is skyrocketing at a rate of 200% or more annually.