Lam Research (LRCX) stock has been upgraded by BofA Securities and Goldman Sachs despite ongoing concerns about China’s semiconductor market. Both analysts believe the company’s strengths in NAND technology and advanced packaging will drive growth in 2025, offsetting potential headwinds from China’s export controls and ASML’s weakened outlook.
SK hynix will be attending FMS 2024, a global semiconductor memory event, where it will showcase advancements in its memory technologies and products, including its next-generation AI memory products like the 12-layer HBM3E and 321-high NAND. The company will also present its vision for the AI space and highlight its leadership in the industry.
Micron has announced the release of its ninth-generation (G9) TLC NAND, marking an industry first and offering impressive speed and performance. This new NAND technology boasts the highest transfer speed of 3.6GB/sec, enabling best-in-class performance for AI and other data-intensive workloads across various devices and applications.
SK Hynix reported a remarkable financial performance in the March quarter, with sales more than doubling and operating income significantly exceeding expectations. This growth is attributed to the surge in demand for memory chips driven by artificial intelligence (AI) applications. The company’s high-bandwidth memory capacity is fully booked for the year, highlighting the critical role it plays in enabling AI advancements. These positive results align with industry trends, as Texas Instruments and Micron Technology have also projected strong revenue outlooks.
