Micron forecasts upbeat quarterly revenue on strong AI memory chip demand

March 21, 2025

, By The Economic Times

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/micron-technology” target=”_blank”>Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/high-bandwidth-memory” target=”_blank”>high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading.

AI demand has significantly boosted the need for Micron’s HBM chips, a type of dynamic random access memory or DRAM standard essential for advanced AI systems, including Nvidia’s processors, the main beneficiary of the AI boom.

“Sequential growth will continue to happen throughout calendar 2025 as we continue to ramp our capacity…

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Micron forecasts upbeat quarterly revenue on strong AI memory chip demand

March 21, 2025

, Published By The Economic Times

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/micron-technology” target=”_blank”>Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/high-bandwidth-memory” target=”_blank”>high-bandwidth memory (HBM) chips used in AI models, sending its shares up 2% in after-hours trading.

AI demand has significantly boosted the need for Micron’s HBM chips, a type of dynamic random access memory or DRAM standard essential for advanced AI systems, including Nvidia’s processors, the main beneficiary of the AI boom.

“Sequential growth will continue to happen throughout calendar 2025 as we continue to ramp our capacity…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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