Parts of the market are asking if we're already nearing peak tightness and margins in the memory chip space as the shortage persists.

Strong memory demand has been a catalyst for this AI stock in recent months, a trend that's likely to continue.

The chip manufacturer is investing billions to boost capacity in the U.S. and Asia. Executives expect certain chip supplies to remain limited for the foreseeable future.

The stock was the sharpest riser in the S&P 500 premarket after the company said the facilities would boost its manufacturing capacity for DRAM and high-bandwidth memory products.

Micron's earnings crush forecasts on memory chip demand and it guides for an even bigger beat - but shares fall anyway - SiliconANGLE

Certain Wall Street analysts think Micron and Intel could fall sharply in the next year.

The rush to boost production of memory chips to meet fast accelerating demand from artificial intelligence will add to the semiconductor sector’s climate footprint and risks lifting costs of managing emissions.