Previous close | 3.0000 |
Open | 3.0000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 47.50 |
Expiry date | 2025-01-17 |
Day's range | 3.0000 - 3.0000 |
Contract range | N/A |
Volume | |
Open interest | 1.31k |
The tide is finally starting to turn in the memory chip markets. Production cuts across major suppliers of DRAM and NAND chips have helped whittle away the excess inventories held by customers. Micron (NASDAQ: MU) has been aggressive in reducing output, and it expects its wafer starts for both DRAM and NAND to be "significantly below" 2022 levels for the foreseeable future.
Nvidia rode the data center boom to magnificent growth. Will AI cause a similar wave for Micron's memory chips?
(Bloomberg) -- A bipartisan group of US senators hopes to meet President Xi Jinping in China next week, as a flurry of diplomacy bolsters expectations of a leaders meeting between the two superpowers. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, It