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National Gallery of Zimbabwe Set to Showcase 80 Photographic Masterpieces

Starting May 30, the National Gallery of Zimbabwe will host "Portraits of Zimbabwe," an exhibit featuring more than 80 photographic prints by the late photographer Chicago Dzviti. The portraits of Zimbabwe have been brought about through the support of the U.S. Embassy. The exhibit will be jointly curated by Jennifer Kyker, who holds dual positions as an associate professor of ethnomusicology at the Eastman School of Music and as an associate professor of music in the College Music Department at the University of Rochester, along with Fadzai Muchemwa, the curator of contemporary art at the National Gallery of Zimbabwe. Dzviti was born in Shamva in 1961, and from this rustic background, he cultivated an interest in photography. He further honed his skills at Harare Polytechnic starting in 1987. This initiated a career spanning nearly ten years, notable for vividly portraying various aspects of Zimbabwean life. The narrative captured societal norms,...

Micron Soars as AI Memory-Chip Sales Surge, Beating Earnings Expectations

Micron Technology Inc.'s stock climbed during post-market hours on Thursday following the release of their fiscal second-quarter report, which highlighted significant gains attributed to artificial intelligence advancements, particularly with their high-capacity memory solutions experiencing substantial growth.

Micron announced that their fiscal second-quarter revenues and profits exceeded Wall Street’s projections, largely due to the sale of their high-bandwidth memory (HBM) chips, which are utilized in artificial intelligence data centers. According to Micron, sales of these HBM chips crossed the $1 billion threshold during the second quarter ending February 27, surpassing their expectations and increasing by 50% compared to the previous period.

"Micron finds itself in the strongest competitive stance throughout its history, and we are witnessing collective benefits within high-margin product segments of our sector," stated Micron CEO Sanjay Mehrotra during an analyst conference call.

Following an initial post-market surge of over 5%, Micron's stock closed Thursday's extended trading session with gains around 1%. Year-to-date, the company’s shares have risen approximately 22%, despite the broader volatility affecting semiconductor stocks. Conversely, the Philadelphia Semiconductor Index has declined by 7.6% this year.

Micron announced a total revenue of $8.0 billion for the second quarter of their fiscal year, surpassing analyst predictions of $7.9 billion. Adjusted for certain factors, they reported a net income of $1.78 billion, equivalent to earnings per share of $1.56, which exceeds the expected figure of $1.43 per share on a non-GAAP basis.

The company’s forecast for the third quarter exceeded expectations as well, projecting revenues between approximately $8.60 billion and $9.00 billion. This range includes an allowance of ±$200 million fluctuation. Analysts polled by FactSet have estimated the revenue at about $8.47 billion during this period.

Mehrotra mentioned that Micron has exhausted its stock of HBM chips for the year 2025. "We anticipate revenues reaching into multiple billions in fiscal 2025," he stated. "In 2026, we're experiencing robust demand for our HBM supplies, and we’re currently engaging with clients to finalize arrangements for their requirements in 2026."

He further mentioned his expectation for the PC market to expand by a low double-digit percentage this year, adding that AI-powered PCs necessitate greater memory capacity compared to conventional ones.

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