The Economic Times

Micron stock has surged 275% this year; MU earnings beat Wall Street estimates as AI demand fuels $60 billion-$63 billion revenue outlook

MU stock today: Micron reported better-than-expected earnings, resulting in a significant stock increase for the company this year. The company is projecting future revenue between $60 billion and $63 billion, exceeding analyst forecasts. Driven by strong demand for memory chips, Micron plans to invest $10 billion in research focused on memory and AI.