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Micron CEO SANJAY Mehrotra speaks to the law of Chips and Science Law and the American agenda investment, Milton J. Rubenstein Museum Syracuse, New York, April 25, 2024.
Andrew Caballero-Reynolds | AFP | Getty Images
Micron Wednesday’s expected earnings and revenues have been better than and also gave the analyst estimates that he passed. The stock initially included extended negotiation before pairing most of the profits.
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Micron celurbill Income, the fourth quarter fiscal will be about $ 10.7 million, over a year of $ 7.7 billion a year and averaged 9.9 billion drugs averages according to the lesh.
The data center tickets doubled more than doubling in the third quarter, Micron said, because sales have jumped 6.81 million dollars a year ago from 6.81 billion dollars a year. The company has seen ascending demand in broadband width memory, or HBM, due to market Artificial intelligence boom.
Sanjay Mehrotra said the company Micron said the company “disciplined investments in building leadership of our technology and in the manufacturing excellence, to satisfy the AI memory demand.”
Near Wednesday, Micro shares rose by 51% year, and NASDAQ won 3.4%.