Micron Technology Inc. will exit its consumer memory business, including Crucial brand products, to focus on high-growth AI data center chips due to a global supply shortage. The company will stop sales of Crucial products by February 2026 to double down on advanced memory chips used in AI data centers. Micron is shifting focus to High-Bandwidth Memory (HBM) chips, essential for AI development and more profitable than consumer memory. This move allows Micron to focus on core enterprise and commercial segments for more profitable growth. Micron designs, develops, manufactures, and sells memory and storage products globally.

Read more at Yahoo Finance: Micron Exits Crucial Consumer Memory Business to Focus on High-Growth AI Data Center Chips Amid Supply Shortage