Wednesday, February 1, 2023

Predicted Micron Technology Revenue Exceeds As DRAM Rises

By ET Bureau - January 08, 2021 1 Mins Read

Micron Technology, the DRAM and NAND flash chip maker, has recently published its Q1
revenue and profit – 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 fueled by AI, 5G, cloud, and the intelligent edge."
This surge in DRAM demand is likely to remain through 2021 and more – indicating
development for Micron and Applied tools.
Source: ZDNet



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ET Bureau

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