Micron: HBM Leads To Profit Explosion

Semiconductor and high bandwidth memory (“HBM”) specialist Micron Technology, Inc. ( MU ), published better-than-expected earnings and revenue for the second fiscal quarter, which were boosted by unprecedented demand for the company’s memory and storage products. The Data CenterAnalyst’s Disclosure: I/we have a beneficial long position in the shares of MU, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...