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Memory chip maker Micron Technology Inc. more than quadrupled its revenue growth in the most recent quarter as it continued to benefit from surging demand linked to the artificial intelligence industry. The company reported third-quarter earnings before certain costs such as stock compensation of $25.11 per share, crushing Wall Street’s target of $20.78 by a wide margin. Revenue for the period su

Micron forecasts strong quarterly results on soaring memory chip demand Zaheer Kachwala and Anhata Rooprai Wed, June 24, 2026 at 1:05 PM PDT 3 min read MU -0.31% NVDA -0.50% Explore stocks on Coinbase Trading disclosure By Zaheer Kachwala and Anhata Rooprai June 24 (Reuters) - Micron forecast quarterly profit and revenue well above expectations on Wednesday and said its customers had committed $

Apple is stepping up the AI capabilities of its Siri voice assistant, and analysts say memory chip demand will rise along with it, potentially benefiting Apple's suppliers such as Samsung Electronics and SK Hynix. The shift could drive both shipment growth and higher prices for mobile DRAM.

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