None
EN
Micron Gives Solid Forecast After AI Boosts Memory Demand
['Tue', 'Sept', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
The Micron Technology offices in San Jose, California.
Micron Technology Inc., the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment.
Micron said it expects supply of memory chips to remain tight into next year.
Micron said it reached price agreements for most of the HBM3e-type memory chips it can make in 2026.
Micron expects to sell those products in fixed contracts, helping ensure that revenue is reliable.
['company'
'technology'
'solid'
'micron'
'boosts'
'expects'
'demand'
'billion'
'ai'
'forecast'
'statement'
'memory'
'chips'
'fiscal'
'gives']