Micron Technology

Micron surges as global memory chip shortage boosts profit forecast

It is set to add over US$30 billion to its market capitalisation, if premarket gains hold

HBM involves stacking chips vertically to reduce power consumption, helping process large volumes of data, making it invaluable in AI development.

Micron to exit consumer memory business amid global supply shortage

The company has long been shifting focus to its HBM business

Micron was the first US chipmaker targeted by Beijing in what was seen as retaliation for Washington’s curbs on China’s semiconductor ambitions.

Micron to exit China server chip market after failing to recover from 2023 ban: sources

The ban on Micron products in critical infrastructure has shut the company out of the country’s data centre expansion boom

Micron Singapore has achieved more than 150 million kWh in energy savings and 200,000 tonnes of carbon dioxide equivalent emission reductions.

Micron moves the needle on energy savings

The company is implementing technologies and forging partnerships that are helping to reduce emissions and advance sustainability in high-tech manufacturing

AI-related business is also fuelling demand for storage chips, known as Nand flash, Micron’s second-biggest product line.

Micron gives solid forecast after AI boosts memory demand

The company spent US$13.8 billion on new plants and equipment in its fiscal 2025 and expects to invest more than that in the current financial year

Lutnick has been pushing the equity idea, the sources say, adding that Trump likes the idea.

Trump eyes US government stakes in other chip makers that received Chips Act funds: sources

In the past, America has taken stakes in companies to provide cash and build confidence in times of economic upheaval and uncertainty

Micron is one of the three providers of high-bandwidth memory chips, besides South Korea’s SK Hynix and Samsung.

Micron forecasts revenue above estimates on AI-driven memory chip demand

The company expects an adjusted gross margin of about 42%, plus or minus 1%

Samsung Electronics estimated an operating profit of 6.6 trillion won (S$6.07 billion) for the January-March period, versus a 5.1 trillion won LSEG SmartEstimate.

Samsung sees Q1 profit beating estimates as looming tariffs spur chip sales

[SEOUL] Samsung Electronics on Tuesday (Apr 8) flagged a much smaller-than-feared 0.2 per cent fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, ...

Micron is seeing strong demand for components used in data centre machines that develop and run AI software.

Micron gives upbeat sales forecast after AI fuels demand

The company’s high-bandwidth memory, or HBM, has become a vital piece of AI systems