Micron Technology (U.S. memory chipmaker) forecasts revenue surge as AI (artificial intelligence) memory demand stays high

Micron Technology (U.S. memory chipmaker) forecasts revenue surge as AI (artificial intelligence) memory demand stays high

Micron Technology (U.S. memory chipmaker) expects stronger revenue as demand for computer memory used in AI (artificial intelligence) systems remains high.

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Terms & Concepts
  • AI (artificial intelligence): Technology where computer systems perform tasks that typically require human intelligence, such as pattern recognition and language processing.
  • Computer memory: Hardware that stores data for processing in computers and servers, enabling fast access to active information.