Operations are scheduled to start in 2026 with the expansion of packaging capacity beginning in 2027. Read more at straitstimes.com.
Looking for less risky growth investments this year? Check out two great AI stocks that might outperform MicroStrategy.
Artificial intelligence technology has been a major driver of the bull market over the past couple of years. Technology firms, especially the
Mizuho analysts project a positive 2025 for chipmakers, supported by robust artificial intelligence (AI) demand, data center expansion, and advancements in networking and memory chips. This optimism persists
The main piece of news driving Micron stock higher was that Nvidia will be using Micron's high-bandwidth-memory (HBM) in its new GeForce RTX 50 Blackwell GPUs that undergird its new advanced AI platform.
Bull markets are often built on themes, and it’s clear which one has been driving the current one’s gains. It’s all about AI, of course, with the
Micron’s data center revenue surged 4X YoY and 40% sequentially in Q1-FY25, contributing 55% of consolidated revenue. High Bandwidth Memory (HBM) revenue doubled sequentially, with a TAM projection growing from $16B in CY24 to $30B in CY25. Q1-FY25 DRAM revenue reached $6.4B (73% of total), increasing 87% YoY and 20% sequentially.
Micron invests $7 billion in Singapore's first high-bandwidth memory (HBM) facility to support growing AI demand.
Talk about artificial intelligence and you immediately think about Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), or even Palantir Technologies (NASDAQ:PLTR). But what if you have it all wrong? What if the future of AI is really Micron Technology (NYSE:MU)?
Micron expanded its Crucial consumer memory and storage portfolio at CES 2025, with the new high-speed Crucial P510 Gen5 SSD offering 11GB/sec reads and 9.5GB/sec writes, new Crucial DDR5 Pro Overclocking (OC) Gaming Memory in larger 64GB kits, and more.