Micron Technology Restructures to Focus on AI with New Cloud Memory Division

Reported about 23 hours ago

Micron Technology, Inc. is reshaping its business to prioritize artificial intelligence by launching a new cloud memory division aimed at meeting the growing demand for memory chips from major cloud providers. This strategic shift, announced on April 17, will enhance their focus on high-bandwidth memory products needed for data-intensive AI tasks amid rising U.S. export restrictions on technology to China.

Source: YAHOO

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