Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say

Micron Technology, Inc MU stock continued its upward trajectory Thursday after reporting upbeat quarterly results after the market closed on Wednesday. Micron reported fourth-quarter revenue of $7.75 billion, topping the analyst consensus estimate of$7.64 billion. The adjusted EPS of $1.18 beat the analyst consensus estimate of$1.13. Also Read: What's Going On With Nvidia, Broadcom, Intel, And Other Chip Stocks On Thursday? Micron expects first-quarter revenue of $8.7 billion, plus or minus$200 million, ...