Reported 1 day ago
Micron's recent quarterly report revealed a disappointing outlook, with guidance predicting revenues far below analyst expectations despite strong demand for high-bandwidth memory (HBM) for AI applications. The company's long-term AI growth predictions may be overly optimistic, as the cyclical nature of the memory chip market suggests that Micron's profits will continue to fluctuate. While HBM demand remains high now, potential oversupply and changing market dynamics could impact future profitability.
Source: YAHOO