Micron Technology
Micron Technology business and news from across the web.
Memory crisis heads to court: Class-action lawsuit calls Samsung, SK Hynix, and Micron DRAM market 'oligopolists', alleging anticompetitive behaviorA class-action lawsuit has been filed against Samsung, SK Hynix, and Micron Technology, alleging anticompetitive behavior and price-fixing in the DRAM market since 2022. The suit claims these companies acted as 'oligopolists,' coordinating production cuts and price increases that have driven up conventional DRAM prices significantly. The lawsuit seeks damages and an injunction to end these alleged practices, with the companies yet to issue an official comment.
PC RAM prices could stay this high for years, hints memory maker Micron's latest earningsMicron Technology's latest earnings report indicates that PC RAM prices may remain high for several years due to long-term supply agreements and a focus on data center production. CEO Sanjay Mehrotra highlighted that industry supply is structurally constrained and unlikely to meet increasing demand until around 2028. This situation, coupled with potential shifts in AI infrastructure, suggests inflated prices for RAM-intensive tech products will persist.- Micron (MU) stock tops $1 trillion market capitalizationMicron Technology has surpassed a $1 trillion market capitalization, driven by a surge in demand for its chips and memory components fueled by the artificial intelligence boom. This milestone highlights the company's significant role in the current technological landscape.
From a dentist's basement to half a trillion dollars and AI: Here's how memory manufacturer Micron Technology…Micron Technology, a major semiconductor manufacturer headquartered in Boise, Idaho, has a long history dating back to its founding in 1978. The company has navigated numerous challenges, including intense competition from Japanese firms, market shortages, and internal leadership changes. Micron has played a significant role in the development of DRAM and NAND flash memory, and its recent investments are bolstered by the CHIPS and Science Act, aiming to expand US-based semiconductor production.
Google says its new algorithm reduces AI memory overhead by 6x which could be good news for the RAMpocalypse but bad…Google has developed a new compression algorithm called TurboQuant that reportedly reduces AI memory overhead by up to 6x without sacrificing accuracy. This development could potentially alleviate the current high demand for computer memory, impacting manufacturers like Samsung, SK Hynix, and Micron Technology, and possibly leading to lower prices for consumers.
After closing the Crucial brand, Micron's revenues are soaring in the RAMpocalypse: "In the AI era, memory has become a strategic asset for our customers"Micron Technology has reported soaring revenues in early 2026, driven by strong demand in the AI era and a strategic shift away from its consumer brand Crucial. Despite the closure of Crucial, the company's overall revenue has significantly increased year-over-year, with substantial contributions from mobile, client, and data center memory sectors. CEO Sanjay Mehrotra highlighted memory as a strategic asset for customers and announced a dividend increase, reflecting confidence in sustained business strength.- Micron (MU) Q2 FY26 earnings results beat EPS and revenue expectationsMicron Technology exceeded expectations in its second quarter of fiscal year 2026, reporting earnings per share and revenue figures that surpassed analyst predictions. The memory chip manufacturer announced its financial results for the most recent quarter.
Sony could delay PS6 release to 2028 or 2029 as AI-driven shortage sends consumer tech companies scrambling for memory chipsSony is reportedly considering delaying the PlayStation 6 release to 2028 or 2029 due to a global memory chip shortage, exacerbated by AI data center demand. This potential delay impacts consumer tech companies and Nintendo is also considering a price increase for its consoles. Despite a decrease in PlayStation 5 hardware unit sales, software revenue reached a record high.