Parts of the market are asking if we're already nearing peak tightness and margins in the memory chip space as the shortage persists.
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The world’s top memory chip makers made plenty of headlines this week, capped by Micron
delivering one of the strongest earnings reports of this artificial intelligence cycle.
Micron posted revenue and earnings miles ahead of already high expectations, and guidance pointing to roughly 80% gross margins next quarter. And yet the stock sank.
The market reaction was similar to Nvidia’s earnings at the end of February, and if a blockbuster print can’t please traders, then what will?
As generative AI models get more sophisticated, companies need more memory and faster memory, Micron CEO Sanjay Mehrotra said in…
Micron's stock has soared this year while its tech peers have struggled, as the impact of rising memory costs ripples across the…
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.
Several analysts hiked their price targets on Micron to $300 or more after the semiconductor maker's powerhouse fiscal…
"We need more and more memory to address that demand," Micron CEO Sanjay Mehrotra told CNBC's Jim Cramer.
Shares of Micron and Sandisk jumped after Melius Research said in a report that demand for memory will remain strong through the…
