Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Pathikrit Bose

Micron Shares Pop on Partnership With Anthropic. How to Play MU Stock Here.

Memory chip giant Micron (MU) and the maker of the Claude generative AI platform, Anthropic, have inked a partnership wherein the latter will make use of the former's infrastructure to strengthen its memory supply. MU stock popped about 7% on the news but yesterday's “AI tech slump” wiped out those gains, for now at least.

That said, two things are not lost on anyone. First, there is a memory shortage around the world, and second, the competition among the likes of OpenAI, Alphabet's (GOOGL) (GOOG) Gemini, and Claude is fierce to be the leader in the AI market.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.