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Micron fuels chip stock rally
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 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 surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear.
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.
1d
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 ...
Opinion
2d
Opinion
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 ...
Digi Times
11h
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
...
Live Science on MSN
1d
Human genome stored inside near-indestructible '5D memory crystal' that could survive to the end of the universe
The record-breaking crystal will act as a DNA time capsule that could be used to bring back humanity after our extinction, ...
1d
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 ...
1d
on MSN
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 ...
1d
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 ...
12d
on MSN
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 — ...
21h
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
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 ...
12h
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 ...
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