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AI, Micron
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.
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 rises 19% on AI-driven forecast, fuels chip stock rally
Micron Technology surged close to 19 per cent on Thursday, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for the hardware used to power generative AI technology.
3h
After 5 quarters of losses, one chipmaker is finally reaping the benefits of Nvidia's AI chip boom
Micron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial ...
20h
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 ...
14h
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
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 ...
23h
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.
1d
on MSN
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 ...
2d
Micron’s Results May Reveal an AI Winner Trading at a Discount
Micron Technology Inc. will probably become the latest chipmaker to assure investors that demand for AI-related gear is still ...
RTE Online
22h
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 ...
2h
A big AI prediction re-juices the trade: Morning Brief
Enter consulting giant Bain & Company and a big, new forecast: “The market for AI-related hardware and software is expected ...
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