💨 Abstract

Micron Technology anticipates higher third-quarter revenue due to strong demand for its high-bandwidth memory (HBM) chips used in AI systems. These chips, a type of DRAM, are essential for advanced AI systems and were first produced in 2013. The company expects revenue of $8.80 billion for the quarter, exceeding Wall Street's estimated $8.5 billion.

Courtesy: theprint.in

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