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AI, Micron
Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
By Harshita Mary Varghese (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 chips used in artificial intelligence computing.
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 Gains Most in 13 Years as AI Demand Bolsters Forecast
Micron Technology Inc., the largest US maker of computer memory chips, gained the most in nearly 13 years after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear.
8h
Going beyond GPUs: The evolving landscape of AI chips and accelerators
AI accelerators and chips can help enterprises support select low- to medium-intensive AI workloads with better total cost of ...
1d
on MSN
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 ...
1d
SK Hynix announces mass production of updated AI chip, spurring rally in Asian semiconductor stocks
The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like ...
17h
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.
14h
on MSN
Micron rises 13% as strong forecast impresses AI-hungry investors
Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and ...
12h
Why Taiwan Semiconductor, ASML, and Other Artificial Intelligence (AI) Semiconductor Stocks Rallied on Thursday
Better-than-expected results from memory chip specialist Micron provided fresh evidence the adoption of AI still has room to ...
3d
The fall of Intel: How gen AI helped dethrone a giant and transform computing as we know it
The once venerable x86 chip has been pushed aside by scalable, energy-efficient, AI-optimized architectures from Arm, Nvidia, ...
2d
Intel launches Xeon 6 and Gaudi 3 AI chips to boost AI and HPC performance
Intel is launching new Xeon 6 processors with performance cores as well as Gaudi 3 AI accelerators to stay competitive in the ...
1d
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 ...
RTE Online
16h
Micron forecasts upbeat Q1 results as AI boom boosts demand for memory chips
Micron Technology has forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue ...
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