Micron
Scores out of 100 · Ranks within the 50-company cohort
Target date 2026-09-18
Target date 2027-09-18
Target date 2030-09-18
Our power thesis
We forecast a stronger position in AI memory as diversification expands. This is primarily a Compute story; efficiency improvements do not mean Micron controls electricity supply.
Four Forces breakdown
Each force uses the same fixed 0–100 scale. The strongest force and breadth of control determine the Power Score.
| Force | 2026 | 2027 | 2030 |
|---|---|---|---|
| Compute | 85 | 90 | 90 |
| Interface | 10 | 15 | 20 |
| Alignment | 5 | 5 | 10 |
| Energy | 5 | 5 | 5 |
Our forecast
Across our 2026–2030 view, the Power Score rises from 55.6 to 60.6; the rank moves from #46 to #47.
Compute 85 → 90; Interface 10 → 20; Alignment 5 → 10.
The thesis above explains our call. Rank can fall even when power grows if other companies gain faster.
What would change our mind
HBM execution or customer qualification fails to sustain the expected gains.
Research behind the judgment
Micron’s current HBM page describes high-volume HBM4 production.
- Micron high-bandwidth memoryCurrent product documentation · Accessed 2026-09-18
Sources inform the factual premises. Force scores, ranks, and forecasts are exmxc’s judgments as of this edition.