AI-Powered Micron Surges in Quarterly Earnings: Top Analysts Predict 36% Growth!
Boise, Idaho – Micron, the semiconductor giant, delivered impressive results in its latest quarterly report, driven by the growth of AI technology in the industry. In the third quarter of its fiscal year, Micron surpassed expectations with revenue reaching $6.81 billion, marking an 81.6% increase compared to the previous year and beating forecasts by $140 million. The company attributed a significant portion of its sales growth to AI, with the demand contributing to 50% of …