Micron bounces back as AI drives up memory prices
'Our HBM is sold out for calendar 2024,' trills CEO
Storage
21 Mar 2024 | 1
Micron is bidding $2.5bn for worn-out and failing DRAMurai starveling Elpida after SK Hynix and Toshiba walked away. Elpida is a bankrupt Japanese DRAM manufacturer that has fallen on hard times and is weighed down by $5.6bn debt. It has been searching for a white knight with a phased bid process. Toshiba and SK Hynix were …