The Economic Times News

Micron stock soars 11% after crushing Q1 results and strong forward guidance will MU stock keep rising as analysts call it a strong buy?

Micron stock jumps 11% after AI memory demand surges. Earnings beat Wall Street estimates with $4.78 per share on $13.64 billion revenue. Revenue guidance soars to $18.70 billion, reflecting strong data center growth. High-bandwidth memory market may reach $100 billion by 2028. Analysts call this historic upside, signaling huge AI opportunities ahead.