Micron stock pops 14% as AI memory demand soars: 'We are more than sold out'
The Micron logo is seen displayed at the 8th China International Import Expo.Micron Technology's stock jumped 14% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates.During an earnings call with analysts, Micron, which makes memory storage used for computers and artificial intelligence servers, said data center needs have fueled greater demand for its products.Micron said it expects the total addressable market for high-bandwidth memory to hit $100 bill ...