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Reuters

Reuters

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Technology

Micron forecasts revenue above estimates on AI-driven memory chip demand

Reuters
Summary
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81% Informative

Micron Technology forecast fourth-quarter revenue above Wall Street estimates on Wednesday .

Memory chip maker reported a nearly 50% jump in third-quarter sales of its HBM chips from the previous three months .

Micron is one of the providers of high-bandwidth memory chips, besides South Korea's SK Hynix and Samsung .

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93

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English

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