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Micron generates massive profits as AI fuels demand for high-bandwidth memory
Micron has been aided by the struggles of its biggest rival in the memory chip business, Samsung Electronics Co. Ltd., which has not yet been able to mass-produce HBM chips, resulting in demand for the chips outstripping supply.
Nvidia is again the world’s largest company, amid renewed confidence in the AI trade and investors’ risk appetite returning.
Marvell Technology, Inc. expanded its custom technology platform with the launch of the industry’s first 2nm custom Static ...
One key catalyst behind today’s gains is anticipation surrounding Micron Technology’s (MU) quarterly earnings, due after the ...
Nvidia shares soared to an all-time high of $152.97 on Wednesday, surpassing its previous record close of $149.43 set in ...
Online retailers sell some DDR4 memory modules for desktop PCs, notebooks, and servers at far higher prices. Some producers ...
Nvidia stock surged nearly 3% to a record high of $152.97, breaking its previous January peak. Investors are excited as AI ...
SK Hynix's stock rose as much as 4.8% to 260,000 won, equivalent to $191.26, early Tuesday and changed hands at more than 250,000 won for most of the session, beating its previous record intraday high ...
Newsable Asianet News on MSN9h
‘AI-Driven Memory Demand’ Powers Micron’s Q3 Outperformance: Stock Shows Muted Gains, But Retail Optimism GrowsThe company’s data center revenue more than doubled year-over-year and reached a quarterly record, and consumer-oriented end markets had strong sequential growth.
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