$AAPLB $NVDA.US #MU $Micron Technology ($MU) just delivered a massive quarter, showing how strong the AI boom is becoming.
Revenue jumped to $54.23B, beating expectations, while adjusted EPS came in at $33.42. The company also gave strong guidance for the next quarter, expecting around $61.5B in revenue.
The biggest story is AI memory demand.
Micron’s DRAM revenue surged 343% year over year, driven by demand for high-bandwidth memory (HBM) used in AI infrastructure.
The company expects memory supply-demand conditions to remain very tight through 2027 and 2028.
AI infrastructure is not only benefiting chipmakers like Nvidia — the demand for memory is becoming a major part of the story too.
The AI cycle is getting bigger. The question now is how long this momentum can continue.
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#MU #AI #Semiconductor #Nvidia
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