Micron rejigs business units to highlight AI data center demand

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Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.

The new segment, called “cloud memory business unit“, will focus on products used by hyperscalers, as well as its high-bandwidth memory (HBM) chips that help perform data-intensive AI tasks quickly.

HBM chips are closely watched by investors due to their use alongside AI graphic processors, particularly Nvidia‘s. Micron is one the top three memory chipmakers in the…



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Micron rejigs business units to highlight AI data center demand


Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.

The new segment, called “cloud memory business unit“, will focus on products used by hyperscalers, as well as its high-bandwidth memory (HBM) chips that help perform data-intensive AI tasks quickly.

HBM chips are closely watched by investors due to their use alongside AI graphic processors, particularly Nvidia‘s. Micron is one the top three memory chipmakers in the…



Source link

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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