Eager to find more public AI-related companies that may do as well as Nvidia, Wall Street investors think they’ve found a winner with Micron.
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
Micron says the global memory crunch isn’t a short-term problem. With AI data centers demanding more DRAM than ever, even expanded production won’t bring real relief before 2028.
The post Micron says the memory shortage crisis is here to stay appeared …
Facing a global memory shortage, Asus may consider DRAM production or alternative suppliers to limit price hikes as DDR4 and DDR5 costs continue rising.
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