Micron stock jumps 9% as soaring prices from memory crunch lead to quadrupling of revenue
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Source: CNBC
Published: 2026-06-25 06:07 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, Financial Markets, Tax & Budget, Business & Economy, Technology
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Snippet:
Micron's revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand tied to the artificial intelligence boom. The stock rose about 9% in extended trading.
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