Micron Shares Reach Record High on Strong Earnings and Strategic Agreements
Micron Technology (NASDAQ:MU) shares surged over 15% to a record high of $1,208 as the company reported strong fiscal third-quarter results and announced long-term strategic customer agreements. The firm exceeded revenue estimates by nearly $6 billion with data center sales hitting an annualized run rate of around $100 billion.
Topics: memory_chips stock_performance strategic_customer_agreements