Micron’s stock surges as AI companies scramble for high-bandwidth memory chips
Within the semiconductor industry, Micron has established itself as a leader in the dynamic random-access memory chip segment. DRAM is widely used in personal computers and servers.
Micron forecasts upbeat first-quarter revenue on strong 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.
Micron Forecasts Upbeat Quarterly Revenue on Memory Chips Demand
The AI boom has also helped Micron cushion the hit from a memory chip inventory glut in PC and smartphone markets. The company's results typically set the tone for the chip sector as it reports ahead of peers and serves a broad client base spanning the PC, data center and smartphone industries.
Micron Stock Soars After Memory-Chip Maker Posts Strong Results and Outlook
Micron Technology (MU) stock jumped after the memory-chip maker posted better-than-expected quarterly results and issued guidance that topped Wall Street expectations. The stock stood more than 15% higher in recent premarket trading.
Micron Stock Pops on Strong Outlook Driven by 'Robust AI Demand'
Key Takeaways Micron Technology shares surged in extended trading Wednesday as the memory chip maker's revenue and outlook blew past expectations.The Nvidia partner reported its fiscal fourth-quarter revenue nearly doubled year-over-year,
SK Hynix shares up 9% as it begins mass production of advanced AI memory chips
SK Hynix shares soared more than 9% on Thursday following the company’s announcement of a breakthrough in high-bandwidth ...
Buy Rating Affirmed for Micron on Strong Financials and High-Bandwidth Memory Market Positioning
Micron (MU – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Srini Pajjuri from ...
Jim Cramer on Micron Technology Inc. (MU): Analysts Say That ‘The Company Is Still Early In Its High-bandwidth-memory Inflection’
We recently compiled a list of the Jim Cramer Reveals 12 Stocks Investors Should Monitor Closely. In this article, we are ...
Micron’s HBM Chips in High Demand Amid AI Boom
Micron Technology is reaping the benefits of the AI boom, as its high bandwidth memory (HBM) chips are experiencing soaring ...
SK Hynix Is Mass Producing 12-Layer 36GB HBM3E For Memory Hungry AI Workloads
Along with the bump in capacity, SK hynix says its 12-layer, 36GB HBM3E delivers faster speeds of up to 9.6Gbps.
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SK hynix Initiates Mass Production of Advanced 12-Layer HBM3E Memory Modules
SK hynix Inc. has commenced mass production of its 12-layer High Bandwidth Memory 3E (HBM3E) modules, featuring a total ...
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Nvidia supplier SK Hynix says begins mass production of 12-layer HBM3E chips
The world's second-largest memory chipmaker SK Hynix said on Thursday it began mass production of a 12-layer version of the ...
Buy Rating Affirmed: Assessing Micron’s Growth Prospects and Strategic Positioning Amid Memory Sector Mid-Cycle
Analyst Krish Sankar from TD Cowen maintained a Buy rating on Micron (MU – Research Report) and increased the price target to $135.00 ...
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AWS Launches Graviton4-Powered Memory-Optimized EC2 X8g Instances for High-Memory Workloads
AWS has introduced Graviton4-powered EC2 X8g instances, featuring up to 3 TiB of DDR5 memory and 192 vCPUs for ...