Micron Is Exiting Its "Crucial" Consumer Business
7 days ago
- #Micron
- #AI Impact
- #Consumer Tech
- Micron announces exit from Crucial consumer business due to AI-driven demand surge in data centers.
- Focus shifts to larger, strategic customers in enterprise and commercial segments for long-term growth.
- DDR5 memory prices skyrocket, impacting consumer market availability and pricing.
- Historical context: Crucial brand has been iconic since 1996, with reviews dating back to 2014.
- Concerns arise over future consumer market support from major players like Micron, Samsung, and SK Hynix.
- AI's impact extends beyond hardware, affecting electricity rates and broader IT supply chains.
- Consumer reactions range from frustration over rising costs to skepticism about Micron's long-term strategy.