Micron's Strong Forecast Driven by AI-Related Memory Demand Surge
3 months ago
Micron Technology Inc. gave a groundbreaking forecast of a surge in growth catalyzed by an upsurge in demand for memory needed in artificial intelligence applications. The technology powerhouse unveiled its rosy outlook on September 25th and attributed revenue growth to a high-growth AI segment that requires deep memory solutions for machine learning and high-performance computing.
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