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Technology Promotes Two Execs to Oversee Operations, Technology","url":"https://stock-news.laohu8.com/highlight/detail?id=2662719708","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662719708?lang=en_us&edition=fundamental","pubTime":"2026-08-26 20:24","pubTimestamp":1787747040,"startTime":"0","endTime":"0","summary":"Micron Technology promoted two executives as part of the company's efforts to keep up with soaring artificial intelligence demand.The memory and data-storage provider named Manish Bhatia as its new chief operating officer, and Scott DeBoer as chief technology and products officer. Both are being promoted from executive vice president roles.Bhatia, 54 years old, will lead Micron's operations and business units, including capital investment and managing demand and pricing.Micron is navigating a spike in memory demand and pricing, as supply dwindles and AI hyperscalers continue to drive up an appetite for data storage.DeBoer will be responsible for advancing Micron's memory and storage roadmap, which includes overseeing research and innovation to meet customer requirements.\"Today's announcement is about ensuring that we are strategically aligned as an organization to meet the needs of our customers in an AI-enabled future,\" Chief Executive Sanjay Mehrotra said.As part of the transition, 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Q3 guidance $13B (+41%), 56% margin. Helios Anthropic/Microsoft deployments. Taalas Aug 6. EPYC 6th-gen. Ryzen +23%, cash $13.11B. 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