Wall Street opens near record highs as Micron earnings fuel AI optimism

  • Posted on June 26, 2025
  • By Financial Express
  • 1 Views
Wall Street opens near record highs as Micron earnings fuel AI optimism

Micron Technology Inc. topped Wall Street estimates for its fiscal third quarter, driven by surging demand for high-bandwidth memory chips used in AI applications. The company reported record revenue of $9.3 billion, a 37% year-over-year increase, surpassing analyst expectations of $8.9 billion
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