Micron Technology forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips.
Shares of the memory chip maker rose 4% in extended trading.
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The race to build the most sophisticated AI models and expand the data center infrastructure that they run on has boosted demand for Micron’s high-bandwidth memory chips, or H… [359 chars]
Source: Reuters | Published: 2025-09-23T20:05:52Z
Credit: Reuters
