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Barchart
Barchart
Aanchal Sugandh

Dear Micron Stock Fans, Mark Your Calendars for June 25

Micron Micron Stock MU Memory

Micron Technology (MU) has turned the page on the industry’s bleak past, stepping into 2024 with renewed strength and strategic clarity. After the deep slump of 2022 to 2023, the global memory market has rebounded sharply, reaching $170 billion in revenue according to Yole Group.

The revival has been largely powered by artificial intelligence (AI) training demands in data centers, where high-bandwidth memory (HBM) has taken center stage. With its superior performance and pricing power, HBM continues to outshine the broader dynamic random-access memory (DRAM) segment, with its revenue expected to “nearly double” this year to around $34 billion.

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