Micron bounces back as AI drives up memory prices
'Our HBM is sold out for calendar 2024,' trills CEO
Storage
21 Mar 2024 | 1
Elpida needs to raise nearly one billion dollars to fund a transition into making memory for smartphones and tablet PCs, relying less on PC DRAM in the future. Revenues from DRAM have fallen short of what's needed and Elpida will issue new shares and convertible bonds to pay for the direction change. It's a massive amount of …