Prediction: Micron's Sept. 30 Earnings Will Confirm the Memory Shortage Isn't Over
All signs point to another strong quarterly report from Micron.
Overview
Micron Technology (NASDAQ: MU) is set to report earnings at the end of the month, and it should be another strong indicator that the memory chip shortage is far from over, especially for DRAM. With demand surging and supply constrained, the memory market has been booming, with companies in the industry seeing revenues and gross margins expand.
The memory market is broken down into two types: DRAM and NAND (flash). DRAM is a type of fast-volatile memory that loses all its data when the power is turned off. It's historically been used as a fast, temporary workspace for central processing units (CPUs) in computers and smartphones. However, the driving force behind DRAM's resurgence has been a variant called high-bandwidth memory (HBM) that gets packaged with graphics processing units (GPUs) and other artificial intelligence (AI) chips to reduce latency and optimize performance.
Image source: The Motley Fool
Details
Source
Originally published at www.fool.com.
Related Articles
- ‘He does not have a spouse or children’: My son has a serious genetic disease. What should I do with my $1.3 million estate?
- How investors are reacting to the AI pause calls from Anthropic and other frontier labs
- Prediction: The Next Nvidia-Backed Stock to Go Parabolic Could Be Hiding in Plain Sight