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GgoogleIT first seen 1 h ago, last 2 min ago, peak #1

Micron beats earnings as data center revenue surges elevenfold

Original: outlook

Micron reported quarterly results that beat expectations, with the chipmaker issuing strong forward guidance as its data center revenue jumped eleven-fold year over year. The surge reflects booming demand for memory chips used in artificial intelligence infrastructure, and investors are watching closely as memory suppliers become key beneficiaries of the AI buildout.

Why now: Micron's earnings beat and dramatic data center growth signal how strongly the AI boom is lifting memory chipmakers.

Micron TechnologyCNBC

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