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Micron's revenue jumps 80% driven by 'robust AI demand,' but shares slide

Chipmaker Micron beat Wall Street’s expectations for its third-quarter earnings, reporting revenue of $6.81 billion — an 80% jump from the previous year.Read more...

By: Quartz India

Jun 28 2024
57
4681 Views

Micron's revenue jumps 80% driven by 'robust AI demand,' but shares slide — Micron's revenue jumps 80% dri

Chipmaker Micron beat Wall Streets expectations for its third-quarter earnings, reporting revenue of $6.81 billion an 80% jump from the previous year. The companys third-quarter revenue is a 17% inc… [+1588 chars]

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