News Formal

Micron earnings on deck, with focus on China ban, AI boost to DRAM sales

  • 📰 startelegram
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A rebound in DRAM pricing, linked to AI demand, could partly offset the impact of China’s retaliatory ban on Micron chip sales.

shares edged higher in pre-market trading ahead of the memory chip-maker's fourth quarter earnings slated for after the closing bell.

The Boise, Idaho-based tech group said earlier this spring that it sees quarterly revenues in the region of $3.7 billion to $4.1 billion, with Street forecasts suggesting a tally of around $3.9 billion. Micron's link to the surge in AI investment, particularly through the DRAM chips it makers that are used in data centers around the world, could provide a longer-term boost for revenues as companies look to deploy generative AI technologies

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 248. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Micron earnings preview: How much has AI benefited the memory-chip maker?Micron appears to be turning the corner after the memory-chip maker called the bottom in a tough market just as AI caught fire this year.
Source: MarketWatch - 🏆 3. / 97 Read more »