Micron benefits from the memory demand in AI data centers! Revenue and profits significantly increase in Q2!

The manufacturer of innovative storage solutions Micron Technology (MU) released its financial results for the completed Q2 2025 after the market closed on Thursday, March 20, 2025, and surpassed expectations with its results and forecasts for the next quarter, thanks to strong demand for memory, especially from AI data centers. The stock rose 4.5% in after-hours trading and is currently up 1% at $104. Revenue increase in Q2 of 38% and profit nearly quadrupled Micron was able to significantly increase its revenue from high-performance DRAM, NAND,...