Why Micron (MU) Is Up 11.4% After Exiting China’s Server Chips Amid Soaring AI Memory Demand
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Why Micron (MU) Is Up 11.4% After Exiting China’s Server Chips Amid Soaring AI Memory Demand
In recent days, Micron Technology announced it will exit the server chip market in China after not recovering from a government ban imposed in 2023, though the company will maintain its automotive and mobile chip sales in the country. This shift occurs as global demand for Micron's high-bandwidth memory and DRAM products, especially for AI and ...
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