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The Latest Breaking News from Sumit Sadana

Micron's top brass wins the memory crisis corpo double speak award: 'We do not have line of sight as to when that supply vector will intersect the demand vector'

A lot of words for "don't expect things to get better soon."

PC Gamer

Tim Cook blames Micron as Apple raises prices

Apple chief executive Tim Cook has blamed the US memory-chip manufacturer Micron for forcing the tech giant to aggressively increase product prices in late June, drawing a sharp counter-accusation from the supplier.

Bangkok Post

Apple and Micron Blame Each Other for Price Hikes and Memory Shortage

Apple and Micron are at odds over rising memory prices, with Apple blaming suppliers and Micron pointing to aggressive buying tactics that killed margins during the 2023 price collapse.

International Business Times UK

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Micron Stock Falls on Reports OpenAI May Delay Historic Public Debut. How to Trade MU Stock Here.

Micron stock fell after reports that OpenAI may delay its IPO to 2027. Here is what the financials say about whether Micron is still worth owning.

Barchart

Lenovo warns that higher RAM prices are the "new normal" and we might never see them go back down

At a recent conference, Lenovo reps said that the higher memory prices are the new normal and won't be going away anytime soon.

Tom’s Guide

Micron urges Indian firms to plan ahead as AI memory crunch set to deepen through 2028

A top Micron executive warns the global semiconductor memory shortage, fueled by the AI boom, is severe and could extend beyond 2028. Indian firms risk being unprepared due to price sensitivity and a reluctance to commit to long-term procurement contracts, despite the nation's push for sovereign AI infrastructure.

The Economic Times

Trump Says Micron Is One of the 'Hottest' Stocks. Does That Make MU a Buy Here?

Trump called Micron one of the "hottest" stocks, but MU shares are still sliding. Here's what the earnings data and analyst calls reveal about whether to buy now.

Barchart

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Micron Kicks Off Production of HBM3E Memory

Micron Technology on Monday said that it had initiated volume production of its HBM3E memory. The company's HBM3E known good stack dies (KGSDs) will be used for Nvidia's H200 compute GPU for artificial intelligence (AI) and high-performance computing (HPC) applications, which will ship in the second quarter of 2024. Micron…

AnandTech

Micron Ropes In CFO From Qorvo

Innovative memory and storage solutions provider Micron Technology Inc (NASDAQ:MU) appointed Mark Murphy as the CFO, effective April 18. Murphy will be joining Micron from Qorvo Inc (NASDAQ:QRVO), a leader in wireless technologies, where he has been CFO since 2016. With Murphy's appointment, interim CFO Sumit Sadana will return full-time to his long-standing role as…

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