Predicted Micron Technology Market Revenue Exceeds As DRAM Grows

Predicted Micron Technology Market Revenue Exceeds As DRAM Grows

Micron Technology, a DRAM and NAND flash chip maker, has recently published its Q1 revenue and profit results – ahead of the expectations of the analysts. The company is interested in strengthening the DRAM industry fundamentals.

As Sanjay Mehrotra, CEO at Micron Technology explained – “For the first time in our history, Micron is simultaneously leading on DRAM and NAND technologies, and we are in an excellent position to benefit from accelerating digital transformation of the global economy fuelled by AI, 5G, cloud, and the intelligent edge.”

This upsurge in DRAM demand is most likely to remain through 2021 and beyond – indicating the development for Micron and Applied solutions.

Source: ZDNet

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