AI News about chip demand

Micron Technology Stock Continues to Slide Amid Compression Technology Concerns

Micron Stock Falls as Google's Compression Tech Threatens Memory Chip Demand Micron Technology's stock has declined for six consecutive trading sessions following concerns about Google's emerging compression technology. The new compression method could potentially reduce demand for memory chips by improving data efficiency. Investors worry the technology may disrupt Micron's core business model and market position.