Revenue Quintupled at AI Memory Maker Micron

T1Covered by 1 source · first reported by The Information (teasers) at 30 Sept, 23:46 UTC

Memory maker Micron said revenue nearly quintupled to $54.2 billion in the quarter ending Sept.3, as demand for high-bandwidth memory hardware for AI chips showed no sign of slowing down. Micron’s gross margin nearly doubled to $86.8%, thanks to its price hikes, allowing it to generate an ...

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• T1Revenue Quintupled at AI Memory Maker MicronThe Information (teasers)30 Sept, 23:46