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Micron nearly doubles sales on AI surge, targets over 30% capex-to-sales ratio

Jingyue Hsiao, DIGITIMES Asia, Taipei Thursday 26 September 2024 0

Credit: AFP

Micron Technology's sales have nearly doubled year-over-year, driven by strong artificial intelligence (AI) demand, leading to a profitable fourth quarter of fiscal 2024. The company also provided an optimistic outlook for the current quarter, expecting...

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