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The memory chip crunch is paying off for this US company
Micron's stock has seen an explosive increase, driven by the global chip shortage and soaring AI demand. With massive revenue growth and a new deal with AI lab Anthropic, this Idaho-based company is on a path to potentially reach $51 billio...
Micron's stock has seen an explosive increase, driven by the global chip shortage and soaring AI demand. With massive revenue growth and a new deal with AI lab Anthropic, this Idaho-based company is on a path to potentially reach $51 billion in revenue next quarter. How will this impact the tech industry? #Micron #ChipShortage #AI #TechNews #StockMarket
Originally reported by TechCrunch.
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