Reported 2 days ago
Micron Technology (NASDAQ:MU) achieved record revenue in high-bandwidth memory (HBM) exceeding $1 billion for the first time, with overall fiscal Q3 revenue guidance set at $8.8 billion. Despite recent tariffs impacting global markets, the company is poised for growth in data center DRAM and NAND shipments. With a gross margin forecast of 36.5% and anticipated EPS of $1.57, Micron ranks 13th among the best AI stocks favored by billionaires.
Source: YAHOO