Micron Just Gave Incredible News to Investors of This AI Infrastructure Stock That Has Tripled in a Year

Micron Technology (NASDAQ: MU) delivered blowout results for the second quarter of fiscal 2026 (which ended on Feb. 26, 2026) on March 18. This wasn't surprising, as the company benefits from the artificial intelligence (AI)-fueled demand for its memory products. Micron's revenue almost tripled year over year to $23.9 billion, while its non-GAAP operating margin jumped from 25% to 69%. This sharp spike in the company's margins is the result of the persistent increase in memory prices, caused by supply cons ...