Micron, AMD, and Broadcom Share Prices Rise on Increased AI Chip Demand
Micron, AMD, and Broadcom saw their shares rise by 6%, 4%, and 4% respectively due to renewed demand for AI chips. Micron reported Q1 FY2026 revenue of $13.64B, AMD saw Q4 FY2025 data center revenue of $5.38B, and Broadcom reported Q1 FY2026 AI chip revenue of $8.4B. The resurgence in AI infrastructure spending is driving the rally.
Topics: AI chip demand AMD Broadcom Micron Q1 earnings semiconductor industry stock price movement