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Micron stock jumps 12% as memory crunch lead to quadrupling of revenue

32 points by mgh2

by apatheticonion

1 subcomments

Despite acknowledging that LLMs improve my productivity and am happy with how they have positively affected my life - I'm a bit cynical about the trajectory of this "AI bubble" and am looking forward to it popping sooner rather than later.
I just want to get it over with so we can abandon the hype, recover and move onto a less erratic/volatile investment/business landscape.
Sick of the "AI coding interviews" and having to virtue signal that I think AI will usher in economic nirvana.
Was a little bummed that Micron's earnings didn't send the Q's into a spiral after the insanity of the KOSPI the other day.

by stuaxo

0 subcomment

They get 12 percent and us ordinary consumers get to pay a lot more, all because of this stupid play by billionaires.

by 2OEH8eoCRo0

3 subcomments

This confuses me. I read that they are hesitant to overbuild more production. If they can't drastically increase production then how do they grow revenue further?