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Micron Forecasts $61.5 Billion Quarter as AI Memory Demand Drives Record Results

Micron Forecasts $61.5 Billion Quarter as AI Memory Demand Drives Record Results
  • Infra & Chips

Micron Technology projected fiscal first-quarter revenue of $61.5 billion, plus or minus $1.5 billion, topping the analyst average of $57.02 billion as AI infrastructure demand keeps memory supply tight. The company also reported record fiscal fourth-quarter revenue, underscoring how the AI build-out has turned high-end memory and storage into strategic bottlenecks.

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