Micron Technology (NasdaqGS:MU) Ships HBM3E For AI Servers In Partnership With NVIDIA

Micron Technology (NasdaqGS:MU) recently announced significant strides in its AI memory products and strategic collaborations, notably being the first to ship both HBM3E and SOCAMM products for AI servers in partnership with NVIDIA. This expansion of its AI portfolio aligns with the company’s $3.5 billion credit agreement with HSBC, enhancing its financial flexibility. Despite the tech sector experiencing broader pressure due to inflation and weak consumer sentiment, as indicated by a 2.7%…