Micron Technology plans to double its high-bandwidth memory (HBM) production to meet growing AI demand. The company is installing additional HBM equipment at its facilities in Taiwan and Singapore. Micron reported Q2 revenue of $23.9 billion, beating market expectations.
Micron Technology is set to double its high-bandwidth memory (HBM) output as AI demand keeps climbing, Tech in Asia reported. To do that, the company is adding more HBM production equipment at its sites in Taiwan and Singapore. And Micron’s second-quarter revenue came in at $23.9 billion, beating market expectations.
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