AIFortuneabout 4 hours ago
Micron earnings reverse tech selloff, reshape AI valuation
11 min read
Micron Technology reported revenue of $41.5 billion, gross margins of 84.9%, and EPS of $25.11, all above expectations. The blowout quarter reversed a global tech selloff, exposed AI's memory tax, and made the case for a valuation regime change across semiconductors.
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