Micron's record numbers are the strongest buy signal for AMD!
AMD could be the big surprise winner of the next AI expansion phase! 35% annual revenue growth would be remarkable!
Those who understand the interplay of AI chips and HBM recognize the enormous potential of AMD!
Reading Time: 2 minutes
The recent quarterly figures from Micron Technology (MU) were a real highlight. $13.64 billion in revenue, a 57% increase from the previous year, along with a significantly increased gross margin and record profits and cash flow. The growth came from nearly all areas, including Cloud Memory, Data Centers, Mobile, and Automotive, and is expected to accelerate even more in the next quarter. The number one driver is High-Bandwidth Memory, or HBM, which is essential in AI data centers. Here, the bottleneck becomes evident. The demand for HBM clearly...
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