Micron lifts 2024 capex forecast on rising investment in AI-related chips

Micron lifts 2024 capex forecast on rising investment in AI-related chips

May 21, 2024 / Sarkiya Ranen /



Micron Technology on Tuesday (May 21) slightly raised its capital expenditure forecast for 2024, as the US chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet surging demand from the AI industry.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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