The Latest Breaking News from Micron

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.66% this morning as investors cheered forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Futures jumped and Micron soared overnight after the S&P 500 and Dow Jones hit new highs on the Fed's rate-cut outlook. DraftKings and Arista Networks led stocks flashing buy signals.

Micron Technology poised for strong Q2 2024 results driven by memory price hikes and AI demand.

The NAND flash market saw 24.5% higher revenue in Q4 than it did in Q3, signaling that demand and prices are still rising.

JEDEC on Tuesday published the official specifications for GDDR7 DRAM, the latest iteration of the long-standing memory standard for graphics cards and other GPU-powered devices. The newest generation of GDDR brings a combination of memory capacity and memory bandwidth gains, with the later being driven primarily by the switch to…

Don't expect to see it on mainstream graphics cards for a good while, though.

JEDEC has published the specifications for the GDDR7 memory standard, which will likely replace GDDR6 memory in the next-generation GPUs when they arrive next year. As you might expect, there will be higher speeds and bandwidth, up to 192 GB/s per device.

SK Hynix has already sold out of this year's "planned production volume" of HBM.

Samsung's new 36GB HBM3E memory could be used in Nvidia's forthcoming B100 Blackwell AI powerhouse.