Micron Technology launched a high-density, radiation-tolerant SLC NAND chip for space, targeting AI edge computing in orbit. The chip supports anomaly detection and real-time decision-making without Earth infrastructure, tested for NASA standards. Micron aims to expand its aerospace footprint with additional space-grade memory solutions tailored for evolving AI and data demands.

As the only U.S.-based memory manufacturer, Micron offers supply chain control, a critical advantage for aerospace and defense clients. Stock gained 35% year-to-date, surpassing Nasdaq Composite Index. Analysts anticipate strong AI demand, improved DRAM pricing, and expanded HBM portfolio as key growth drivers, raising guidance for fourth-quarter sales and EPS.

Despite strong growth drivers, muted PC and smartphone demand pressures NAND prices. Bank of America’s Vivek Arya maintained a Neutral rating due to startup cost headwinds and limited margin visibility beyond 2025. Micron continues to invest in expanding production of memory products to meet evolving demands in space-based computing and aerospace infrastructure.

Read more at Yahoo Finance: Micron Launches First Space-Ready Memory Chip To Power AI Missions In Orbit