Micron forecasts upbeat first-quarter results as AI boom boosts demand for memory chips
The company's shares, which have gained about 12% this year, were up nearly 14% after the bell. Micron is one of the only three providers of high-bandwidth memory (HBM) chips along with South Korea's SK Hynix and Samsung,
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’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 demand.
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 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 was up more than 13% in recent trading.
Micron Stock Jumps on Strong Outlook. ‘Robust AI Demand’ Is Boosting Chip Revenue.
Micron Technology stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations. For the quarter ended Aug. 29,
Micron forecasts upbeat quarterly revenue as AI boom boosts demand for memory chips
Micron Technology forecast first-quarter revenue ahead of Wall Street estimates and reported fourth-quarter revenue growth that was the highest in more than a decade on the back of booming demand for its memory chips used in the AI industry.
Micron Stock Jumps As Memory-Chip Giant Posts Beat-And-Raise Report
Memory-chip giant Micron Technology beat estimates for its fiscal fourth quarter and guided higher than views for the current period.
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 ...
Investing in US memory chip R&D will secure American innovation for years (Guest Opinion by Doug Grose)
Establishing a Memory Technical Center is critical to making chips more powerful, energy efficient and competitive, writes ...
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.
Heard on the Street: What’s Great for Micron Is Good for Chips as Well
Micron sure picked a great day to deliver some good news. The memory chip maker’s quarterly results ...
SK Hynix Shares Surge on Mass Production of Advanced Chips, Strong Micron Outlook
SK Hynix's shares posted their largest gain in over a year after it started mass production of an updated chip and U.S. peer Micron Technology reported strong earnings on robust AI demand. Shares of ...
One day, we may all have brain chips to help remember where our keys are: scientists
Companies like Elon Musk’s Neuralink and BrainGate2 aren’t just helping people with ALS or brain injuries to communicate — ...
Nvidia supplier SK Hynix's shares rally as mass production of latest HBM chips begins
The world's second-largest memory chipmaker SK Hynix said on Thursday it began mass production of a 12-layer version of the ...
Digi Times11h
Memory spot prices fall on slow demand recovery
The recovery in downstream consumer markets remains sluggish, leading to a further decline in spot market prices for memory ...