Supply too low, profits explode! Micron is making the most of the memory market scarcity!

The global memory market is entering a new phase. The demand for DRAM, NAND, and especially High-Bandwidth Memory is soaring, driven by the expansion of AI data centers and cloud infrastructure. Micron Technology (MU) is one of the key beneficiaries of this development and has impressively demonstrated how a strained memory supply can boost revenues, margins, and cash flow with a record quarter. The stock is up over 8% in pre-market trading to $244. Micron Technology – Memory as the Foundation for AI, Cloud, and Devices Micron Technology is...