Micron stops selling memory to consumers as demand spikes from AI chips [CNBC]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: CNBC
“Micron has made the difficult decision to exit the Crucial consumer business in order to improve supply and support for our larger, strategic customers in faster-growing segments,” Sumit Sadana, Micron business chief, said in a statement. Shares of Micron are up about 175% this year. In this article A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron said on Wednesday that it plans to stop selling memory to consumers to focus on meeting demand for high-powered artificial intelligence chips. “The AI-driven growth in the data center has led to a surge in demand for memory and storage,” Sumit Sadana, Micron business chief, said in a statement . “Micron has made the difficult decision to exit the Crucial consumer business in order to improve supply and support for our larger, strategic customers in faster-growing segments.” Micron's announcement is the latest sign that the AI infrastru
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News
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- Micron: Why An Exit From Consumer Isn't Scary [Seeking Alpha]Seeking Alpha
- Assessing Micron's Soaring 2025 Valuation After 168% AI Fueled Rally [Yahoo! Finance]Yahoo! Finance
MU
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- 9/23/25 - Beat
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- 11/25/25 - Form ARS
- 11/25/25 - Form DEFA14A
- 11/25/25 - Form DEF
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