Micron Poised for Significant Profitability Driven by AI Memory Demand

Micron is projected to become one of the most profitable U.S. companies, second only to Nvidia and Google, as the high demand and astronomical prices for AI memory components boost its financial performance.

28 Jun, 14:00 — 28 Jun, 14:00

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marketwatchMostly Factual67d ago

Micron is about to be more profitable than any U.S. company except Nvidia and Google

Big Tech companies are willing to pay astronomical prices for AI memory components, helping spark a dramatic turnaround in Micron’s finances.

By Philip van Doorn

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Micron Poised for Significant Profitability Driven by AI Memory Demand

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Micron is about to be more profitable than any U.S. company except Nvidia and Google

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