Micron Predicts Industry Rebound in 2024, Record Sales in 2025

Thursday, 21 March 2024, 07:28
Micron CEO Sanjay Mehrotra's optimistic outlook for the future of the memory chip industry, coupled with the potential of AI-driven opportunities, has propelled the company's stock price. Anticipating a significant rebound in 2024 and record-breaking sales in 2025, investors are optimistic about Micron's growth prospects.
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Micron Predicts Industry Rebound in 2024, Record Sales in 2025

US memory chip maker Micron soars after AI growth boosts revenue forecast

Micron CEO Sanjay Mehrotra promised investors that 2024 will mark a rebound for the memory chip industry and 2025 will see record sales levels, driven by opportunities enabled by AI.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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