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-2.54907958618737E-05 -0.000466677647317219 -0.000850020000470673 -0.00036863612477154 -0.000564719169862758 -0.0026726119045938 -0.0022314250531386 -0.00237848733695705
Stock impact report

Rebooting Micron: A Great Inventory Slim-Down to Prep for the AI-Powered Future [The Motley Fool]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: The Motley Fool
Micron has a few tricks up its sleeve to tackle market challenges. Here's how ChatGPT and friends fit into Micron's long-term growth plans.The semiconductor market's ongoing downturn has been as stubborn as a computer virus, but(MU5.72%The company's hot-off-the-presses report for the second quarter of fiscal year 2023 showed declining revenues and margins. At the same time, it highlighted the company's efforts to manage inventory and long-term growth prospects driven by the rising demand for artificial intelligence (AI) technologies. In particular, management mentioned OpenAI's ChatGPT and similar large language models (LLMs), which rely on massive amounts of digital memory.Micron's meager financialsThings were far from chipper for Micron in the just-reported quarter, as the company faced a challenging market environment. Many consumer-driven end markets are at a standstill due to tightened budget belts, and economic activity is curbed even more due to a global web of shortages in ma Show less Read more
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