[Brief] Micron Beats Estimates, Memory Stocks Surge
Micron Technology posted strong quarterly results, lifting SanDisk, Western Digital and other memory chip stocks as analysts say earnings justify elevated sector valuations.
Micron Technology posted strong quarterly results, lifting SanDisk, Western Digital and other memory chip stocks as analysts say earnings justify elevated sector valuations.
Driven by AI demand, global memory chip makers SK Hynix and Micron both surpass $1 trillion market cap, marking a new milestone in AI infrastructure investment.