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Micron revenue nearly quadruples on AI memory demand

Original: Micron almost quadruples its revenue thanks to AI’s insatiable demand for memory chips

Micron, one of the world's largest memory chipmakers, has reported revenue that has almost quadrupled, driven by surging demand for memory chips used in artificial intelligence systems. The results underscore how the AI boom is reshaping the semiconductor industry, with data center operators competing for HBM and DRAM supply and pushing prices sharply higher.

Why now: AI's massive appetite for memory chips has sent Micron's revenues soaring, making the results a signal of how strong the AI hardware boom remains.

Micron

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