Boise, Idaho-based Micron is one of the three large providers of HBM chips, an essential part of the hardware used in artificial intelligence servers. The company said in March its HBM chips, which refer to semiconductors used in the development of AI applications, were sold out for 2024.
Citi analyst Christopher Danely’s target for the stock price implies a gain of roughly 17% from current levels.
Partnership with GlobalFoundries and the U.S. National Science Foundation, along with MSI Semiconductor Network and new commitments to aid groups, critical to building semiconductor talent pipelineBOISE, Idaho, May 21, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), one of the world’s largest semiconductor companies and the only U.S.-based manufacturer of memory, today announced a strategic expansion in workforce development initiatives to diversify the semiconductor workforce and