Micron Technology, Inc. (NASDAQ:MU) broke ground on a new High-Bandwidth Memory (HBM) advanced packaging facility near the company’s current facilities in Singapore. It marks Singapore’s first HBM advanced packaging facility,
The SSD should achieve up to 26 GByte/s when reading large files. This should help with the development of future AI applications.
Key Takeaways Micron shares could remain in focus on Tuesday after leading a broad chip rally to start the week amid optimism that robust AI demand will continue to drive sector growth this year. The stock rallied from a key support area on the highest trading volume since mid-December,
Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027. Read more at straitstimes.com.
Since AI emerged as the world's next megatrend about two years ago, one product in particular has become the technology sector's holy grail.
Artificial intelligence technology has been a major driver of the bull market over the past couple of years. Technology firms, especially the
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Micron Technology Inc. is investing $7 billion over the next several years to expand its manufacturing footprint in Singapore, as artificial intelligence boosts demand for advanced memory chips.
Micron is climbing today after Nvidia ( NVDA -4.83%) CEO Jensen Huang mentioned the company as a components supplier during his keynote speech at the kickoff of CES last night in Las Vegas. Huang said that Micron's chips would be included as part of his company's upcoming GeForce RTX 50 line of chips.
Micron’s data center revenue surged 4X YoY and 40% sequentially in Q1-FY25, contributing 55% of consolidated revenue. High Bandwidth Memory (HBM) revenue doubled sequentially, with a TAM projection growing from $16B in CY24 to $30B in CY25. Q1-FY25 DRAM revenue reached $6.4B (73% of total), increasing 87% YoY and 20% sequentially.
We recently compiled a list of the 14 AI Stocks Making Waves on Wall Street. In this article, we are going to take a look at where Micron Technology, Inc.