Micron
Micron Reports $68.1 Billion in Third-Quarter Revenue, Up 81.6% Driven by AI Demand
June 28, 2024 –On June 26th, leading U.S. chipmaker Micron Technology announced its third-quarter fiscal results, revealing a significant boost in revenue driven by the escalating demand for storage solutions in the thriving artificial intelligence (AI) sector. According to the report, Micron achieved a total revenue of 68.1billionforthequarterendingMay30th,representinganotable81.666.7 billion. The robust performance was attributed to…
Micron Anticipates New Fabs in Idaho and New York to Commence Operations in FY 2027 and 2028
June 28, 2024 –In its recent earnings presentation, Micron Technology announced that its new DRAM memory fabs in Boise, Idaho, and Clay, New York, are slated to become operational in fiscal years 2027 and 2028, respectively. With Micron’s fiscal year commencing in September of the previous calendar year and concluding in August of the same…
Micron’s DDR5 Memory Validation Completed, Performance Improved by Almost 49%
Micron Technology recently announced that its DDR5 server memory products for data centers have been validated on the fourth-generation Intel Xeon Scalable processors. The company stated that through its collaboration with Lenovo, combining Micron’s DDR5 with the fourth-generation Intel Xeon Platinum 8480H processor resulted in an increase of 43% in SAP workload processing when compared…