Micron reports best growth in US semiconductor history, but is it too late to buy MU shares?

Core Insights - Micron Technology reported significant growth in both revenue and earnings for its fiscal Q1, leading to a stock price increase of approximately 15% [1] - Morgan Stanley characterized Micron's performance as the "best in the history of the US semis industry" [1] Financial Performance - The company achieved top-line growth, indicating an increase in revenue compared to previous periods [1] - Bottom-line growth was also reported, suggesting improved profitability for the company [1]