How AI memory boom is creating hundreds of millionaires in 1350 kilometres away from Silicon Valley in Idaho

Located roughly 1,350 kilometres away from Silicon Valley, the Mountain West city of Boise is experiencing a surge in wealth creation, areport has said. Fueled by increasing global demand for artificial intelligence (AI) hardware, local memory chipmaker Micron has seen its market value cross $1 trillion, minting hundreds of new millionaires among long-term employees and area residents. According to a report by CNBC, local financial advisor Dave Petso, who has managed assets in Boise for 45 years through the dot-com crash and the 2008 recession, previously considered the hometown semiconductor manufacturer an unexciting corporate operation and a poor investment.