Reported about 10 hours ago
Micron's fiscal Q4 earnings surpassed Wall Street's expectations, reporting $11.3 billion in revenue and adjusted earnings per share of $3.03. Driven by the ongoing demand for AI data centers, which accounted for 40% of its revenue, the company provided an optimistic outlook for the upcoming quarter as well, expecting revenues between $12.2 billion and $12.8 billion. Despite worries about an AI stock bubble, Micron continues to gain from its strong position in the semiconductor market.
Source: YAHOO