Why Everyone Is Talking About Micron
2026-06-25 12:15:01 ET
In recent weeks, the market has shown artificial intelligence fatigue, as concerns have mounted and investors wonder whether the rally can continue without a pullback first.
However, some of the AI-bottleneck trades remain as strong as ever.
The AI memory maker Micron (NASDAQ:MU) just reported blowout third-quarter earnings results. Earnings per share of $25.11 beat Wall Street consensus estimates by $4.72. Revenue of $41.5 billion beat estimates by $6.4 billion.
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