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 fuels chip stock rally as AI demand powers revenue forecast
Micron Technology surged 15% on Thursday in premarket trading, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for semiconductors used to power generative AI technology.
Micron Gains Most in Six Months as AI Demand Bolsters Forecast
Micron Technology Inc., the largest US maker of computer memory chips, is on track to gain the most in six months after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear.
Micron forecasts upbeat first-quarter results amid AI boom
Micron Technology forecast first-quarter results 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 shares surge after upbeat first-quarter forecast due to AI demand for memory chips
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 chips used in artificial intelligence computing.
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips
The company is one of the only three providers of HBM chips along with South Korea's SK Hynix and Samsung, which has allowed the U.S. firm to cash in on demand for semiconductors that help power generative AI technology.
1 Spectacular Semiconductor Stock Down 21% You'll Wish You'd Bought on the Dip
Tight supply of HBM chips for the data center also contributed to a sharp increase in Micron's gross profit margin in Q4. It ...
Micron: A 9X FWD P/E Is Unacceptable
Micron's 9X forward P/E ratio is woefully inadequate given its catalyst backdrop and strategic HBM positioning in the ...
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 ...
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Memory-maker Micron predicts new wave of server consolidation
Mehrotra told investors Micron's new manufacturing process – 1-gamma, which works at 10nm – is on track to produce product in ...
Micron: Why Q4 Results Didn't Get Me Excited
Read here for an analysis of Micron's (MU) growth in the HBM market, concerns about market share outlook, and factors ...
Micron Gains the Most in 13 Years After AI Boosts Forecast
Micron Technology Inc., the largest US maker of computer memory chips, gained the most in nearly 13 years after giving ...
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 ...
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 ...
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 ...
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 ...