Micron Technology (MU) predicts that memory-chip shortages will persist until at least 2028 as demand from AI data centers remains insatiable amid production constraints.
Micron stock rose Thursday after its blowout quarterly results and outlook
The Boise, Idaho-based memory-chip giant late Wednesday smashed Wall Street’s estimates for its fiscal third quarter ended May 28 and with its outlook. Micron’s earnings… Related news PCE Inflation Data, Falling Oil Prices Calm Fed Fears (Live Coverage) 6/25/2026 Rate-hike odds fell slightly after the data. 6/25/2026 Rate-hike odds fell slightly after the data