Micron almost quadruples its revenue thanks to AI’s insatiable demand for memory chips
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What happened
Memory chipmaker Micron Technology Inc. predictably delivered another blowout quarter in its latest financial results, with no sign of a slowdown in the demand for artificial intelligence infrastructure. The company reported fiscal fourth-quarter earnings before certain costs such as stock compensation of $33.42 per share, coasting past Wall Street’s target of $31.61 per share. Revenue […] The post Micron almost qua…
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