Micron Technology Inc. , a major player in the computer memory chip industry, is riding high on the AI wave. Their shares have soared, marking the biggest jump in eight months. Why? Because the company is cashing in on the AI boom, with demand for their products skyrocketing. The company recently s
Samsung's chip-making division just had a massive profit jump. They made 80% more than expected. This huge increase shows that the global AI craze is giving their business a big lift. The company plans to focus on making a new type of memory chip next year. It's called HBM4, and it's made to work w
Micron Technology, a top memory-chip maker, had a rough night after announcing their latest earnings. While they hit close to what experts predicted for the first quarter, their forecast for the next quarter didn't impress investors. This caused Micron's stock to drop dramatically in after-hours tra
Samsung Electronics has some exciting news to share with investors. They're making significant headway in supplying their top-notch AI memory chips to Nvidia Corp. This development is crucial as Samsung wants to keep up with its rival, SK Hynix Inc. , in a booming market. A senior executive hinted a
