Micron's AI Boom Boosts Revenue and Stock Performance
TL;DR Summary
Micron Technology's stock surged after posting strong Q1 FY26 results and issuing optimistic guidance, driven by robust demand for memory chips in AI data centers and supply constraints, with analysts showing strong confidence in its future prospects.
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- Micron Gives Rosy Sales Forecast After AI Boom Spurs Demand Bloomberg.com
- Micron Post Earnings: Just How Good Could Things Get? Seeking Alpha
- Micron Reports Earnings Today. What Wall Street Wants From the Chip Maker. Barron's
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