Micron Technology Surges 13% After Record Q1 Earnings
Micron Technology’s shares are surging, fueled by a strong first-quarter earnings report. The company delivered record revenue of $13.6 billion and beat analyst forecasts for adjusted earnings. This is good news for the AI trade, with demand for High-Bandwidth Memory (HBM) chips driving growth. The surge in Micron’s stock price validates that the AI infrastructure … Read more