Micron Technology - Memory Chip Boom Creates Strong Outlook!
Reading Time: 1 minute
Business Driver: Micron Technology (MU) can currently benefit massively from the AI boom as a classic manufacturer of memory components, particularly excelling in DRAM (Dynamic Random Access Memory) for fast data processing and NAND flash for long-term data storage. The flagship of the portfolio is High Bandwidth Memory (HBM), especially the HBM3E and the upcoming HBM4 generation, which are used directly in AI accelerators (like those from NVIDIA) to handle the tremendous data volumes of Large Language Models (LLMs). Additionally, Micron offers...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
