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Memory Chip Industry

All articles tagged with #memory chip industry

technology14 days ago•2 min saved

Sandisk Could Win the AI Storage Race Despite Alphabet Buzz

TurboQuant reduces KV-cache needs by at least 6x for AI inference but does not ease persistent SSD storage demand, leaving Sandisk’s NAND thesis intact. The stock pullback appears headline-driven with unchanged revenue/EPS outlooks for the next four years. Sandisk’s AI storage story is still in early stages (datacenter revenue ~15% of sales, with strong recent growth), so near-term volatility is likely, but the author expects SNDK to retest highs in H2 as capital rotates from DRAM names.

via Seeking Alpha|

#ai-storage #data-center #memory-chip-industry

business3 years ago•3 min saved

Micron's Quarterly Targets Missed, Sales Plunge, and Staff Cuts Announced.

Micron Technology missed Wall Street's expectations for its fiscal Q2, reporting a loss of $1.91 per share on sales of $3.69bn. However, MU stock rose on Wednesday as analysts predict the worst may be over for the memory-chip maker. Micron's CEO sees a "gradually improving supply-demand balance in the months ahead" and investments in artificial intelligence providing another driver of demand for memory chips. At least six Wall Street analysts raised their price targets on MU stock after the quarterly report, but some remain cautious about Micron's prospects.

via Investor's Business Daily|

#business #financial-performance #memory-chip-industry