Micron Technology

A tweet by Elon Musk about high memory needs from robots fuels demand fantasies for memory chips and sends Micron shares higher along with AMD, Intel and others. Micron itself sees “Physical AI” such as robotaxis and humanoid robots as a possible additional demand driver by the end of the decade. In the short term, however, the forecast picture remains heavily dependent on sustained AI demand; investors are waiting to see whether Micron will specify the role of robotics in future guidance. » More on finanzen.net

Micron Technology manufactures DRAM, NAND flash and HBM high-performance memory and is one of the few large suppliers in the market for server and AI memory. Strong demand from the expansion of data centers and AI accelerators is particularly driving demand for stacked HBM modules. The company is well positioned to benefit from shortages and higher prices in the memory segment. » More on finanzen.net

The 24-hour warning strike at Micron Technology in Taoyuan has been temporarily suspended; no agreement on compensation was reached and nearly 70% of union members rejected the current offer. The union is demanding 15% of global operating profit as employee participation, while Micron has proposed a global bonus program instead that would apply from 2027 in addition to the annual incentive and would pay out half in cash and half in stock. Negotiations will continue on October 27; in the meantime the stock has made a slight recovery, gaining about two percent. » More on deraktionaer.de