Huawei Technologies has launched new memory products that can improve the efficiency of artificial intelligence (AI) computing, in the company’s latest effort to double down on its hardware business. The three “AI solid-state drive (SSD)” products – OceanDisk EX 560, OceanDisk SP 560 and OceanDisk LC 560 – are aimed at solving bottlenecks faced by…
The all-encompassing tech selloff that pushed the Nasdaq index 5% lower last week has done even worse with Micron Technology (MU). The stock took an 8% plunge last week and now stands 44% lower from its 52-week high. Despite the company performing well in recent quarters and posting solid numbers, MU stock is falling and…
By Rishi Kant (Reuters) – Micron Technology forecast quarterly revenue and profit below Wall Street estimates on Wednesday, sending shares lower as weak demand for consumer-centric products such as personal computers and smartphones impacts the chipmaker’s business. The market for dynamic random-access memory (DRAM) chips, which account for most of Micron’s revenue, remains sluggish because…
China’s efforts to develop home-grown artificial intelligence (AI) semiconductors are facing fresh setbacks as the US prepares to implement new rules restricting South Korean exports of advanced memory chips to Chinese companies. The mainland would find itself in a difficult position if the supply of high-bandwidth memory (HBM) chips from South Korea is cut off…