The article discusses Micron Technology’s recent earnings report and its potential for growth in the artificial intelligence (AI) market. Micron reported better-than-expected earnings for the fourth quarter of fiscal 2023, driven by strong demand for memory chips used in data centers and AI applications. The company’s CEO, Sanjay Mehrotra, highlighted the increasing demand for memory and storage solutions in AI workloads. Analysts believe that Micron is well-positioned to benefit from the AI boom, as the technology requires vast amounts of memory and storage. The article suggests that AI stocks like Micron could soar in 2024 as the adoption of AI accelerates across various industries. However, it also notes that the memory chip market is cyclical, and Micron’s stock price could be volatile in the short term. Overall, the article presents a positive outlook for Micron and other AI-related stocks in the coming years.