Tag: memory
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Micron forecasts strong quarterly results on soaring memory chip demand
June 24 : Micron Technology forecast quarterly earnings above Wall Street estimates on Wednesday, signaling that heavy investments in AI-related infrastructure will drive strong demand for memory chips, sending its shares up more than 9 per cent in extended trading.The company expects fourth-quarter revenue o
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Micron, Anthropic sign AI infrastructure supply agreement
June 22 : Micron Technology said on Monday it has signed an agreement with Anthropic that includes supply of memory and storage products, and a strategic investment in the IPO-bound AI company’s latest funding round.AI developers are racing to secure critical components for increasingly expensive data-center
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Apple boss Tim Cook says prices to rise due to memory chip costs
The firm’s outgoing boss Tim Cook did not say when prices would rise or which products would be affected.
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Apple to raise prices due to memory chip shortage, CEO tells WSJ
June 17 : Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key
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Automakers, retailers warn US memory-chip shortage is impacting prices
WASHINGTON, June 3 : The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains, groups representing automakers, retailers, electronic firms and others said on Wednesday.The groups said in a letter to t
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Automakers, retailers warn memory chip shortage impacting prices
WASHINGTON, June 3 : The drastic shift of memory chips to artificial intelligence data centers could lead to dramatic price hikes in consumer goods and disrupt supply chains, groups representing automakers, retailers, electronic firms and others said Wednesday.The Alliance for Automotive Innovation, National
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