Why Micron's Record Sales and Strong Outlook Are a Bullish Signal for the AI Trade
1. Micron posted record quarterly sales driven by AI demand. 2. Shares surged over 2% in after-hours trading following strong earnings. 3. Fiscal Q4 revenue increased 46% year-over-year to $11.32 billion. 4. Micron forecasts adjusted EPS between $3.41 and $3.71 this quarter. 5. Data center growth indicates strong positioning in the AI market.