Micron Exec Expects More Than Half Of PCs In The Market To Be AI Enabled By 2027
Portfolio Pulse from Benzinga Newsdesk
Micron executive predicts that over half of PCs in the market will be AI-enabled by 2027, as stated at a JPM conference.
May 21, 2024 | 12:40 pm
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Micron executive's prediction that over half of PCs will be AI-enabled by 2027 suggests a growing market for AI-related memory and storage solutions, potentially boosting Micron's revenues.
The prediction indicates a significant market shift towards AI-enabled PCs, which would likely increase demand for Micron's memory and storage solutions. This could positively impact Micron's revenues and stock price in the short term.
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