Micron's outstanding results, driven largely by a spike in demand for memory-hungry AI servers, illustrate the critical role the company plays in the tech industry.
Sanjay Mehrotra emphasized that traditional server demand will gain from a refresh cycle, as new servers can replace multiple older ones, enhancing datacenter efficiency.
Mehrotra anticipates strong datacenter demand continuing into 2025, supported by new manycore CPUs from Intel and AMD that will fuel further server consolidation.
With AI PCs also on the rise, Micron's CEO mentioned that manufacturers are now proactive in purchasing memory to stay competitive in the tech marketplace.
Collection
[
|
...
]