Micron's AI-Driven Surge: Record Revenue & Profits
Update: 2025-12-18
Description
Micron Technologys stock surged following their fiscal third quarter report, which showed a 82% revenue increase to $6.81 billion, surpassing expectations. The companys AI-driven products and improved supply-demand balance contributed to this success. Looking ahead, Micron projects a strong Q4, with revenue between $7.4-7.8 billion and profits between $0.98-1.08 per share, fueled by AI growth.
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