Micron Technology will exit its consumer memory business, including the Crucial brand, to focus on high-bandwidth memory for AI data centers, as global chip supply tightens and HBM sales surge to $2 billion in Q4 FY2025.
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Micron Bets on AI Memory—Exits Consumer Memory Business
Micron Technology will exit its consumer memory business, including the Crucial brand, to focus on high-bandwidth memory for AI data centers, as global chip supply tightens and HBM sales surge to $2 billion in Q4 FY2025.
Samsung Electronics - 'HBM Sales Volume Recovering in Steps from Bottom; HBM4 to Contribute to Sales Next Year' (Comprehensive)
Samsung Electronics reports HBM sales recovery, plans for HBM4 production, and strategies to navigate US tariffs and enhance shareholder value
Samsung Electronics - 'HBM Sales Hit Bottom in Q1, Expect Stepwise Expansion Every Quarter'
Samsung Electronics projects recovery in High Bandwidth Memory sales, anticipating quarterly growth after Q1 low point
SK hynix Reports Surprise Q1 Operating Profit of 7.44 Trillion Won - 42% Margin (Comprehensive)
SK hynix reports record Q1 operating profit of 7.44 trillion won, surpassing market expectations with 42% margin, driven by AI-related demand and high-value product sales
Micron Technology's shares surge in after-hours trading following strong quarterly results driven by robust AI memory chip sales, with HBM revenue exceeding $1 billion and future demand outlook remaining positive.
#YonhapInfomax #Micron #AIMemoryChips #HBMSales #QuarterlyResults #AfterHoursTrading #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=55065
Micron Surges in After-Hours Trading on Strong AI Memory Chip Sales
Micron Technology's shares surge in after-hours trading following strong quarterly results driven by robust AI memory chip sales, with HBM revenue exceeding $1 billion and future demand outlook remaining positive.
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