Many of you have been following us for a long time on Croblanc, and you already know that we regularly share new video content from the Youtube channel Bloomberg Television which our community is extremely fond of. And so we decided to share with you today this latest content that might spark your interest.
Here is the last video of the youtube channel Bloomberg Television. It's called Micron Gives Strong Forecast, Lifted by AI Computing Demand and as you can imagine, it's already of great interest to Internet users. You can find it right here.
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For your information, you can find below the description of the video Micron Gives Strong Forecast, Lifted by AI Computing Demand published by the Youtube channel Bloomberg Television:
Micron Technology Inc., the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment.
Fiscal fourth-quarter revenue will be roughly $10.7 billion, the company said in a statement Wednesday. That was well ahead of the $9.89 billion average analyst estimate, sending the shares up in late trading. Micron is seeing increasing demand for components like its high-bandwidth memory, which are used in machines that develop and run AI tools. The company expects continued growth from that market as such software becomes more complex, requiring bigger amounts of memory. The company is also starting to recover from narrower profit margins in the previous quarter.
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