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Micron Stock Can’t Stop Going Up and Goldman Sachs Knows Exactly Why
The technology sector is experiencing a significant shortage of high-bandwidth memory (HBM) chips, largely due to the high demand from AI data centers. This “great memory crunch,” identified by Goldman Sachs, is driving up prices and reducing production for device manufacturers. However, it’s greatly benefiting HBM producers like Micron Technology, whose stock has surged due to its crucial role in supplying HBM for AI and other electronics.