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Mahathir Bayena

Mahathir Bayena

GrafaCrypto Journalist

Crypto journalist for Grafa, with nearly 10 years of experience covering blockchain, Web3, and NFT gaming trends. MBA & Economics grad.

Articles by Mahathir Bayena

Grafa
Insights

How escalating artificial intelligence hardware demand is rewriting memory chip valuations

  • Micron Technology reported $41.46 billion in quarterly revenue as the firm capitalized on surging data center component demand.
  • The semiconductor manufacturer recorded a GAAP net income of $28.24 billion and declared a quarterly dividend of $0.15 per share.
  • Global hardware manufacturers must carefully secure raw materials to execute aggressive revenue projections amid volatile enterprise capital expenditures.
Read more: How escalating artificial intelligence hardware demand is rewriting memory chip valuations
Grafa

West Wits repays US$12.5m loan, clears path to ZAR 875m facility

West Wits Mining (ASX:WWI) has repaid in full its US$12.5 million Nebari loan facility, removing associated security and obligations and satisfying the final condition precedent to financial close of a ZAR 875 million (~US$53 million) senior loan facility with Absa Bank and Nedbank CIB.

Read more: West Wits repays US$12.5m loan, clears path to ZAR 875m facility