Memory is a bigger limiter” than AI logic as companies push to develop artificial intelligence and put it to work in devices such as robots, said Elon Musk on his company's earnings conference call. That could move shares of Micron Technology and other producers of memory on Thursday.

Elon Musk flew to the Swiss Alps to make his first-ever World Economic Forum appearance. Davos 2026 is nearly over and will hold final events Friday.