Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth memory (HBM) chips used by the AI industry, sending the company's shares up 10% after the bell.
The company's shares, which have gained about 12% this year, were up nearly 14% after the bell. Micron is one of the only ...
AI accelerators and chips can help enterprises support select low- to medium-intensive AI workloads with better total cost of ...
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The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like ...
Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and ...
Along with the bump in capacity, SK hynix says its 12-layer, 36GB HBM3E delivers faster speeds of up to 9.6Gbps.
Micron Technology Inc. will probably become the latest chipmaker to assure investors that demand for AI-related gear is still ...
An analyst said investors were largely expecting Micron to miss on its outlook. Instead the company’s forecast topped ...
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