Micron Technology sees largest gain in nearly 13 yearsMicron Technology's strong sales and profit forecasts highlight its advantage in the AI memory market, boosting stock significantly.
Samsung's operating profit soars 930% as AI tailwinds drive demand for memory chips | TechCrunchSamsung's operating profit surged over 930% in Q1 2024 due to high demand for servers, memory chips, and storage.
AI demand means SK hynix has already sold 2024 HBM outputIncreased demand for memory chips due to AI applications is driving chipmakers to expand production and offer advanced products like HBM3E and DDR5.
Samsung's operating profit soars 930% as AI tailwinds drive demand for memory chips | TechCrunchSamsung's operating profit surged over 930% in Q1 2024 due to high demand for servers, memory chips, and storage.
AI demand means SK hynix has already sold 2024 HBM outputIncreased demand for memory chips due to AI applications is driving chipmakers to expand production and offer advanced products like HBM3E and DDR5.
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip marketsSamsung reported a significant increase in operating profit, driven by AI technologies boosting memory chip markets.
Nvidia Corp (NVDA-Q) Quote - Press ReleaseMicron Technologies is positioned to benefit from the AI boom due to the increasing demand for memory chips in AI servers.CEO Sanjay Mehrotra believes AI is in the early stages of a multiyear growth phase that will significantly impact businesses and society.