AIGizmodoabout 1 hour ago
Micron DRAM Revenue Jumps 343% on RAM Shortage
3 min read
Micron reported $54.2 billion in quarterly revenue, beating analyst expectations of $51.07 billion, as a global memory shortage drove record DRAM and NAND sales. DRAM revenue hit $39.8 billion, up 343% year over year, while NAND reached $14.1 billion, up 526%. CEO Sanjay Mehrotra credited AI demand and predicted further growth in 2027.
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