Micron Surges on Strong Earnings Amid AI-Driven Demand for Memory Chips
Micron Technology (MU) surged over 15% after reporting a significant third-quarter earnings beat, driven by strong demand from the artificial intelligence infrastructure buildout. Revenue quadrupled to $41.46 billion compared to last year and exceeded analyst expectations of around $36 billion.
Tickers: $AMD $INTC $META $MU $NVDA $QCOM $STX $TSLA $WDC