Micron Shifts Focus to AI, Drops Crucial Consumer Line
Update: 2025-12-08
Description
Micron Technology is pivoting its focus, exiting the Crucial consumer memory products market to concentrate on high-bandwidth memory and AI-grade silicon for businesses. This strategic shift, expected to boost revenue and profits, is part of a broader industry trend towards data centers and AI workloads. Microns capital spending for fiscal year 2025, around $14 billion, will primarily support this transition. The companys revenue in 2025 saw a significant increase, indicating the strategys success. This move may also enhance supply chain operations by reducing inventory risk.
DNN | The Daily News Now!
The world’s first global local news network.
Every city. Every story. AI powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
