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Micron rejigs business units to highlight AI data center demand

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Micron Technology said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.

The new segment, called “cloud memory business unit“, will focus on products used by hyperscalers, as well as its high-bandwidth memory (HBM) chips that help perform data-intensive AI tasks quickly.

HBM chips are closely watched by investors due to their use alongside AI graphic processors, particularly Nvidia‘s. Micron is one the top three memory chipmakers in the…

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