Micron Stuns Wall Street With Massive Earnings Beat as AI Memory Demand Explodes
Key Points Micron Technology reported fiscal first-quarter results on Wednesday that easily beat Wall Street expectations and delivered an upbeat outlook for the months ahead, underscoring how powerful the AI infrastructure boom has become for the memory chipmaker. Shares of Micron climbed more than 7% in extended trading after the earnings release. Here’s how the … Read more