AI Is Expected To Fuel Up Micron's And Intel's Turnaround

While the memory chip market has been weak, Deutsche Bank’s Sidney Ho upgraded Micron Technology Inc (NASDAQ: MU) stock upon signals that AI is providing the much-needed lift. Ho believes the worst of the downcycle has now passed, given aggressive production cuts that suppliers made and the strong demand on the AI servers front. Micron is scheduled to report earnings after the close of markets on September 27th after reporting its worst ever quarter in March. Meanwhile on Tuesday, Intel Corporat

Related Keywords

Taiwan ,David Zinser ,Mark Murphy ,Pat Gelsinger ,Intel ,Microsoft Corporation ,Deutsche Bank Sidney Ho ,Taiwan Semiconductor Manufacturing ,Micron Technology Inc ,Nvidia Corporation ,Intel Corporation ,Deutsche Bank Technology Conference ,Deutsche Bank ,Innovation Conference ,Chief Financial Officer Mark Murphy ,Shouldnt Be Ruled Out Just ,Benzinga Pro ,Expected To Fuel Up Micron ,Data Center ,Nasdaq ,Enerative Ai ,Microsoft ,