Nvidia's earnings will signal the strength of AI-driven demand critical to Micron's memory chip sales. Strong or weak results could directly impact Micron's recovery prospects and investor confidence.
Micron is pivoting towards high-margin memory products like DDR5 and HBM, capitalizing on the surging demand from AI and data centers. Despite a 30% pullback from all-time highs in June ...
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Micron Technology (NASDAQ: MU) stock surged nearly 80% in early 2024 and reached an all-time high of $153.14 on solid adoption of its high-performance memory products in the data economy.