Micron's AI Chips Boost Revenue, Shares Soar
Update: 2025-12-17
Description
Micron Technology, a leading chipmaker, predicts a significant revenue boost for its second fiscal quarter, driven by robust demand for specialized memory chips used in AI hardware. Shares surged 4% in after-hours trading, reflecting investor confidence in the companys AI market position. Microns chips are integral to various tech sectors, with data centers driving current demand. The company projects revenue of $18.7 billion, outperforming analyst estimates by a wide margin.
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