Micron Soars on AI Memory Demand

AI’s hunger for memory chips is sparking a global shortage that could last until 2027—and it’s hitting your wallet as prices climb. But one U.S. giant, Micron, is turning the crisis into cash: their stock jumped 13% after earnings revealed revenue quadrupled to $41.45 billion and profits soared to $28.2 billion. With next-quarter revenue forecasted between $49–51 billion, Micron’s confidence is sky-high—and they’re cashing in further by partnering with Anthropic, supplying chips and quietly investing in the AI lab’s latest funding round. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/268cd451c52707ae