Micron's workers want the AI boom bonuses SK Hynix and Samsung already gave theirs
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The big picture: The profits of DRAM and NAND manufacturers have skyrocketed since the AI boom drove up demand for memory. After SK Hynix and Samsung awarded their employees generous bonuses from the windfall, union members at Micron are now wondering when they will receive their share.
Taiwan-based media recently reported that Micron's two primary unions are dissatisfied with worker compensation amid the company's ballooning profits. The unions could threaten to strike, potentially disrupting an already strained global memory supply and worsening technology-related price increases.
Credit: App Economy Insights
Union chairman Lin Zherui highlighted Micron's record-high profits stemming from the AI boom. Because data centers and other hardware powering large language models require large amounts of memory, data center operators and tech giants pursuing generative AI have reserved much of the DRAM and...
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