A Micron executive cashed out shares near $934 as the AI-memory rally ran

Sumit Sadana, Micron Technology, Inc. (MU) chief business officer, sold 15,000 shares at about $934 each, roughly $14 million, on August 20. Insider sales like this reflect one executive's choice, not company guidance. Micron's climb rests on high-bandwidth memory for AI servers, with 2026 capacity sold out. Leopold Aschenbrenner holds it as a top position.