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Markets · Investing · Business
Finance
A Hidden Threat for Micron? Apple Is Eyeing a Fix for AI Memory Demands
Tech companies are on the hunt for more efficient technologies to reduce memory costs.
Apple(NASDAQ: AAPL) recently raised prices on many of its devices to offset rising memory prices, but it may have found a fix for soaring costs. A recent CNBC report said the company is in talks with an AI start-up that reduces on-device memory demands by 15x.
Squeezing vastly more memory processing capabilities from the same amount of memory could be bad news for Micron Technology(NASDAQ: MU). Here's what both Apple and Micron investors should know.
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