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-0.00153706696094279 9.85299333936754E-05 0.0018129507744452 -0.00764592283135627 -0.00644385764395231 0.000113506483269577 0.0159224372364323 0.00673944744413356
Stock impact report

Micron stock soars on earnings beat amid 'unprecedented' AI-fueled demand for memory chips [Yahoo! Finance Canada]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
thriving thanks to the tech industry's rush to build data centers that can power artificial intelligence. Micron's high bandwidth memory (HBM) chips — a type of DRAM, or dynamic random access memory — are a crucial part of AI server systems, storing data temporarily and rapidly feeding it to GPUs (graphics processing units) as they train and run AI models. The company is a major supplier of memory to AI chip giant Nvidia ( NVDA Micron's DRAM revenue rose 69% to $10.8 billion in the company's first quarter, driven by AI-linked demand for HBM. Micron Technology, Inc. (MU) That upswing helped Micron's first quarter earnings and revenue surpass Wall Street's expectations, with its EPS of $4.78 above the projected $3.95 and its $13.6 billion in quarterly revenue above the roughly $13 billion estimated by Wall Street analysts tracked by Bloomberg. Revenue from Micron's NAND — or storage chips — used in data centers surpassed $1 billion for the first time. Micron was more bullish Show less Read more
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