Micron forecasts upbeat quarterly revenue on strong AI memory chip demand; shares rise

CNA - March 20, 2025

Micron forecasts upbeat quarterly revenue on strong AI memory chip demand; shares rise

Micron Technology forecast third-quarter revenue and posted second-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high-bandwidth memory (HBM) chips used by the AI industry.The company's shares rose nearly 4 per cent i…

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