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Micron Technology CEO Sanjay Mehrotra joins billionaire club as AI boom drives Micron shares up over 1000 percent and market value past $1 trillion in about 48 days
Sanjay Mehrotra, CEO of Micron Tech.
In the coveted list of India-origin CEOs helming top US tech giants such as Google, Microsoft and more, the name of Sanjay Mehrotra often gets sidelined or ignored. Not many are aware that what Mehrotra is doing in the age of AI is a matter of pride for Indians.
Mehrotra is the chairman, CEO and President of Micron Technology, the company that is the hot pick among investors when the demand for advanced chips has grown substantially.
Micron Technology is the semiconductor company that designs and manufactures advanced memory and data storage solutions, including DRAM, NAND and High Bandwidth Memory (HBM).
Shares of Micron Technology have climbed over 1000 per cent to $928 in the past year amid the AI-fueled interest, skyrocketing its net worth over $1 trillion.
The interesting thing is that its market capitalization has doubled in over 48 days, marking a sharp jump in the heated race where investors are not losing a chance to ride on the AI-driven rally.
Thanks to the rally, Mehrotra has entered the coveted club of billionaires, with an estimated net worth of $1.2 billion, according to Quiver Quantitative.
Who Is Sanjay Mehrotra?
Sanjay Mehrotra is Chairman, President and CEO at Micron Technology.
Sanjay joined Micron in 2017 after a distinguished career at SanDisk Corp. where he led the company from start-up in 1988 until its sale in 2016. In addition to being a SanDisk co-founder, Sanjay served as its president and CEO from 2011 to 2016, overseeing its growth to an industry-leading Fortune 500 company.
Note that SanDisk is another semiconductor company whose shares have grown exponentially in recent times, giving investors a whopping 4,019 per cent return in 1 year.
Sanjay earned bachelor’s and master’s degrees in electrical engineering and computer science from the University of California, Berkeley and is a graduate of the Stanford Graduate School of Business Executive Program (SEP).
He had done his engineering education from BITS Pilani.
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