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This surge is primarily fueled by the boom in Artificial Intelligence (AI) infrastructure and its wider impact on the memory market.
Unsurprisingly, Micron stock is soaring after the company reported stellar financial results. Prospective investors, however, will want to avoid following the herd and conduct thorough due diligence to determine if the stock is a suitable match for their investment goals.
Micron Technology surged after a strong earnings beat and bullish guidance. Find out why MU stock is a buy for 2026.
A wave of optimism swept through the technology sector on Thursday as chipmaker Micron Technology delivered stronger-than-expected quarterly results, providing a much-needed "glimmer of hope" for artificial intelligence (AI) investors following weeks of lackluster performance.
1don MSN
Why Micron Stock Jumped Today
Micron's profits, in turn, are skyrocketing. Adjusted net income leaped 169% to $5.5 billion, or $4.78 per share. That crushed Wall Street's estimates, which had called for adjusted per-share earnings of $3.96.
Micron Technology’s AI-driven memory growth is limited by HBM supply and valuation premium. Know the risks, cycle timing, and why analysts rate MU stock a Hold.
Discover how Oracle's TikTok deal, Nvidia's potential chip sales to China, and Micron's strong revenue forecast helped boost the S&P 500, Dow, and Nasdaq in today's stock market.
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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