Micron Reports Record Earnings Amid Strong AI Demand
Micron Technology (NASDAQ:MU) reported a net income surge of 1,398% to $28.2 billion in Q3 FY2026 due to strong demand from the artificial intelligence sector. The company's shares hit an all-time high before closing up 15.81%. Micron also provided a highly optimistic outlook for Q4 with expected revenues of around $50 billion.
Tickers: $MU