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Where Will Micron Stock Be by 2030? [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations: investors.micron.com
fast-growing demand for memory chips used in artificial intelligence (AI) data centers. The phenomenal demand for AI chips has been exceeding supply, and the good news for suppliers is that the shortage isn't expected to end anytime soon. But are Micron's catalysts sustainable for the next five years, enabling the AI stock to deliver more gains to investors through the end of the decade? Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Image source: Micron Technology Booming memory chip demand should ensure fantastic growth Memory is a key component of AI accelerator chips used in data centers to handle diverse workloads. Micron manufactures both dynamic random-access memory (DRAM) chips -- which enable AI processors to quickly access large datasets -- and NAND flash memory, which is used to store data for mod
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