Micron's AI-Driven Surge: Record Revenue & Profit
Update: 2025-12-18
Description
Micron Technologys stock surged following robust financial forecasts, driven by soaring demand for AI-focused memory chips. The company reported an 82% revenue increase to $6.81 billion, exceeding expectations, and announced a profit of $0.62 per share, outperforming analyst predictions. Looking ahead, Micron projects revenue between $7.4 billion and $7.8 billion, with potential profits of $1.08 per share, significantly higher than previous estimates, fueling investor confidence.
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