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Micron Technology shares were up 9.49% at $413.43 during premarket trading on Wednesday.
SK Hynix is moving toward a U.S. listing, potentially drawing investor capital from Micron.
KEY POINTS
- Micron has made a strategic investment in SiMa.ai to enhance edge AI system performance.
- Micron’s LPDDR5X memory will be embedded in SiMa.ai’s Modalix MLSoC platform for improved efficiency.
- Micron’s estimated 2026 EPS and revenue are projected to rise sharply year-over-year.
COMPANIES
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