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semiconductor / news / / The Economic Times

Sanjay Mehrotra was reportedly denied a US visa three times as a student.

Micron Technology surpassed $1 trillion in market value in 2026 amid the AI chip boom.

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Synopsis Sanjay Mehrotra, who was reportedly denied a US visa three times as a student, now leads Micron Technology, one of the world’s biggest semiconductor companies. His journey reflects the rise of Indian-origin tech leaders such as Satya Nadella and Sundar Pichai. As the AI boom drives demand for memory chips, Micron has seen massive growth and is also making significant investments in India’s semiconductor sector. Long before he became one of the most influential Indian-origin tech leaders in America, Sanjay Mehrotra was just a young engineering student from Kanpur trying desperately to secure a US student visa. According to a Times of India (TOI) report, Mehrotra was rejected three times by the US embassy in New Delhi in 1976 despite having confirmed admissions from three universities and all the required paperwork in place. But his father refused to give up. Sanjay Mehrotra’s Father Waited Outside Embassy Until Visa Was Approved As reported by TOI, Mehrotra’s father decided to wait for the consular officer outside the embassy after learning he had stepped out for lunch. The persistence eventually worked, and Mehrotra finally received his visa, a moment that would completely change his life. Live Events Nearly five decades later, the same student who struggled to enter America now leads Micron Technology, one of the most strategically important semiconductor companies in the world. Micron Crosses $1 Trillion Market Value Amid AI Boom Micron Technology recently crossed the $1 trillion market capitalisation mark as Wall Street’s AI frenzy continued pushing semiconductor stocks higher. The rise placed Micron among the top-valued companies in the United States, ahead of major names including Walmart, Berkshire Hathaway and JP Morgan Chase. According to TOI, the company’s stock has surged dramatically in 2026 as demand for memory chips used in artificial intelligence infrastructure exploded. While Nvidia processors power AI systems, memory chips produced by companies like Micron are essential for storing and processing massive amounts of data. Sanjay Mehrotra Joins Satya Nadella and Sundar Pichai Mehrotra’s rise has also created a remarkable moment for Indian-origin leadership in global technology. Three trillion-dollar technology companies: Microsoft, Alphabet and Micron, are now led by Indian-born executives. Satya Nadella, Sundar Pichai and Sanjay Mehrotra all came from modest middle-class backgrounds before eventually leading some of America’s most valuable firms. TOI reported that Mehrotra grew up in Kanpur in a household that did not even own a telephone. During his early years in the US, he reportedly called home through what his family described as “PP”, short for “padosi ka phone”, where neighbours with landlines would pass on messages to his parents. Unlike Software Giants, Mehrotra Built a Semiconductor Powerhouse Unlike Microsoft and Google, which were already dominant software companies before Nadella and Pichai took charge, Micron operated in the highly volatile memory-chip industry. The semiconductor sector is known for brutal competition, massive investment requirements and fierce global rivalry from Asian giants such as Samsung Electronics and SK Hynix. When Mehrotra became CEO of Micron in 2017, the company was reportedly valued at around $20 billion. Today, amid the global AI race, Micron has entered the trillion-dollar club. Donald Trump Publicly Praised Micron and Mehrotra TOI reported that former US President Donald Trump even praised Micron publicly after meeting Mehrotra at the White House. Trump reportedly described Micron as: “One of the hottest stocks” The report also noted that Mehrotra later joined Trump’s business delegation during a China visit, underlining Micron’s growing strategic importance in America’s technology and national security ecosystem. Micron’s Big India Expansion in Gujarat Micron has also been expanding aggressively in India. The company is investing more than $800 million of its own capital into a semiconductor assembly and testing facility in Sanand, Gujarat. The project forms part of India’s wider push to become a serious player in the global semiconductor manufacturing industry. According to TOI, the Gujarat facility includes one of the world’s largest single-floor cleanrooms for assembly and testing operations. The company is also rapidly hiring engineers, manufacturing specialists and automation experts. Sanjay Mehrotra’s India Connection Remains Strong Unlike some Silicon Valley executives who maintain only symbolic links with India, Mehrotra has repeatedly spoken about India’s long-term importance in engineering and manufacturing. His role in expanding Micron’s presence in India has become particularly significant as the US and India deepen cooperation in semiconductor production and technology supply chains. The Rise of Quiet Indian-Origin Tech Leaders One thing that connects Mehrotra, Nadella and Pichai is their management style. None of them fit the loud, celebrity-style image often associated with Silicon Valley billionaires. Instead, all three are known for being relatively low-key, engineering-focused and operationally disciplined. According to TOI, the rise of leaders like Mehrotra reflects how the AI era increasingly rewards supply-chain management, manufacturing coordination and technical execution over flashy public personas. And perhaps that’s what makes Mehrotra’s story so remarkable. A young student once repeatedly denied entry into America is now helping shape the future of America’s semiconductor industry, and, by extension, the global AI race itself. (You can now subscribe to our Economic Times WhatsApp channel) Stock-linked pay for UGRO promoter raises governance concerns Down 30% in 1 year, are AI-hit Infy, TCS still value stocks? Is Air India the cocktail turning bitter for Tatas? An unusual skill shortage that’s stalling govt’s PNG push Iran war impact: Oil prices may be just one among many to pinch you Stock Radar: Narayana Hrudayalaya stock breaks out from inverse head & shoulder pattern; time to buy? 1 2 3
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