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Chinese open-source models reinforce bullish views on memory, Micron: BofA

Stocks & Finance
Chinese open-source models reinforce bullish views on memory, Micron: BofA

Micron headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

BofA said that the latest releases in open-source models, including China’s Kimi K3, reinforce its bullish thesis on memory and Micron Technology (MU).

Shares of Micron surged about 6% premarket on Tuesday.

"From a high level, we view the aggressive Chinese


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