AI Chip Demand

Micron stops selling memory to consumers as demand for AI chips surges

by
Micron

The big news today is that Micron has decided to phase out its consumer-facing brand Crucial and reduce consumer-facing RAM/SSD sales. The company’s reasoning is clear: the rapidly growing demand for artificial intelligence (AI) and data centers has made the need for high-bandwidth memory (HBM) and enterprise-grade DRAM greater than ever, and Micron is now … Read more

TSMC Profit Soars Amid Strong AI Chip Demand — Charles Schwab Rallies, United Falls

by
TSMC Stock

Recently, Taiwan’s largest semiconductor company, TSMC (Taiwan Semiconductor Manufacturing Company), released its quarterly results, reporting a stronger-than-expected profit growth. This surge was driven by the growing global demand for AI chips. According to reports, the company’s net profit increased by approximately 39%, indicating that TSMC stock has become a key indicator not only for technology … Read more