Micron reports earnings, revenue beat and issues strong forecast

Group 1 - Micron reported better-than-expected earnings and revenue, with shares rising in extended trading [1] - The company forecasts revenue of approximately $10.7 billion for its fiscal fourth quarter, a 38% increase from $7.75 billion a year earlier, exceeding the $9.9 billion average analyst estimate [1] - Total sales for the third quarter jumped 37% to $9.3 billion, compared to $6.81 billion a year ago [2][3] Group 2 - Data center revenue more than doubled in the third quarter, driven by soaring demand in the high bandwidth memory (HBM) market due to the artificial intelligence boom [2] - Earnings per share were reported at $1.91, adjusted, surpassing the expected $1.60 [3]