💨 Abstract

Micron Technology, a U.S. semiconductor firm, forecast first-quarter revenue above analyst estimates, driven by strong demand for its high bandwidth memory (HBM) chips used in AI technology. The AI boom has helped Micron, one of the only three providers of HBM chips, offset a memory chip inventory glut in PC and smartphone markets. The company anticipates revenue of $8.70 billion for Q1, and a 39.

Courtesy: theprint.in