Memory

Micron reported strong earnings, exceeding expectations with $3.03 EPS and $11.32 billion revenue. Fueled by surging demand for memory and storage, particularly High-Bandwidth Memory (HBM) for AI, Micron forecasts $12.5 billion revenue for the next quarter. Net income jumped to $3.2 billion. The company’s stock has nearly doubled YTD. Cloud sales tripled, while core data center sales declined 22%. CEO Mehrotra highlighted Micron’s position to capitalize on the AI opportunity and domestic manufacturing focus.

OpenAI CEO Sam Altman revealed that GPT-6 development is progressing faster than its predecessor, with a focus on deep personalization. GPT-6 aims to move beyond simple question answering, striving for “deep alignment” with individual users through enhanced memory capabilities. The model will recognize and store user preferences and habits to optimize behavior and deliver highly customized interactive experiences. OpenAI is also collaborating with psychologists to understand user emotions, potentially releasing data related to these efforts in the future.