Micron's AI Memory Chips Soar, Stock Surges 7%

Micron Technologys stock surged over seven percent following record-breaking Q1 results and a stronger-than-expected Q2 forecast, driven by AI memory chip demand. The companys shares closed at $266.01, marking a significant increase from its previous closing price. This positive momentum reflects the growing importance of AI technology and Microns critical role in its development.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.