Micron Q3 Preview: AI Is Moving To Smartphones
MUMicron Technology(MU) Seeking Alpha·2024-06-22 05:58

JHVEPhoto Investment Thesis We already know memory chip manufacturer Micron Technology, Inc. (NASDAQ:MU) is benefiting from the AI enterprise wave. With more enterprises increasingly deploying AI in their operations and services, the company is taking advantage of the growing need for high-performance memory technology. Their latest financial forecasts reflect a significant uptick in demand, with revenue projections for the financial 3Q 2024 marked between $6.4 billion and $6.8 billion, higher than the anti ...