Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAnthony Di Pizio, The Motley FoolSun, August 2, 2026 at 7:45 PM GMT+2 5 min readMicron Technology (NASDAQ: MU) is one of the world's top suppliers of high-bandwidth memory (HBM) for data centers, which helps maximize processing speeds in artificial intelligence (AI) workloads. Demand for this hardware is off the charts, resulting in a severe shortage that is giving Micron the ability to dictate prices.But despite these favorable conditions, Micron stock recently plummeted by 32% from its June record high. Concerns are growing about the sustainability of the AI infrastructure spending boom, as the soaring cost of chips and components threatens the financial viability of deploying AI software.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »To keep things in perspective, Micron stock is still sitting on a one-year gain of almost 700%, so the sky isn't exactly falling just yet. But here's why I won't be buying the recent dip.Image source: The Motley Fool.According to a forecast by Bloomberg, there will be around 118 gigawatts' worth of data center capacity installed across the U.S. by 2030 to support the AI boom. Nvidia CEO Jensen Huang says building a single gigawatt worth of capacity requires $50 billion worth of capital investment, so if Bloomberg's forecast proves to be accurate,