Micron rises 13% as strong forecast impresses AI-hungry investors
WEB19 hours ago · Sept 26 (Reuters) - Micron Technology (MU.O) surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and pricing for the high-bandwidth memory chips...
Major global chip stocks rally on strong Micron forecast
WEB23 hours ago · SK Hynix was buoyed by an announcement on Thursday after the company said it has started mass production of a new version of its high-bandwidth memory (HBM) chips and aims for delivery by...
Heard on the Street: What’s Great for Micron is Good for Chips as …
WEB8 hours ago · Micron sure picked a great day to deliver some good news. The memory chip maker’s quarterly results late Wednesday beat Wall Street’s expectations, as did its projection for the quarter ending ...
Micron’s 19% Stock Surge Signals AI Boom in Chip Industry
WEB16 hours ago · The company’s high-bandwidth memory (HBM) chips, vital for AI applications, have boosted its performance, particularly as demand for AI processors, such as Nvidia’s (NVDA), continues to...
Micron's stock surges as AI companies scramble for high …
WEB1 day ago · Micron’s stock surges as AI companies scramble for high-bandwidth memory chips. by Mike Wheatley. Shares of the semiconductor company Micron Technology Inc. were flying higher in late trading...
SK Hynix Shares Surge on Mass Production of Advanced Chips, …
WEB23 hours ago · SK Hynix said Thursday that it started mass producing the latest generation of high-bandwidth memory chips, called HBM3E, with 12 layers and 50% more capacity, just six months after delivering...
Micron Shares Surge After Upbeat First-Quarter Forecast Due to AI ...
WEB2 days ago · (Reuters) -Micron Technology shares surged roughly 14% in after-hours trading after the memory maker forecast higher than expected first-quarter revenue due to the thirst for its memory...
SK Hynix announces mass production of updated AI chip, spurring …
WEB1 day ago · SK Hynix shares surged more than 9% Thursday morning after the company said it has started mass production of a new version of its high-bandwidth memory chips and aims for delivery by year-end.
Nvidia supplier SK Hynix's shares rally as mass production of latest ...
WEB1 day ago · SEOUL (Reuters) - SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high-bandwidth memory (HBM) chips, pulling ahead in a...
AI boom to keep supply of high-end memory chips tight this year ...
WEBMay 14, 2024 · SK Hynix and Micron – two of the world’s largest memory chip suppliers – are out of high-bandwidth memory chips for 2024, while the stock for 2025 is also nearly sold out, according to the...