BUSINESSJun 24 · 22:18 UTCSEMAFORJake Angelo

Micron posts blowout earnings

Micron reported third-quarter revenue exceeding expectations by over 15% driven by AI infrastructure demand. The company signed a supply deal with Anthropic and anticipates memory chip demand will outpace supply through 2027. Its stock price rose in after-hours trading despite recent losses in a broader tech market decline.

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