#micronbeatsearningsliftsguidance
🚀 Micron ($MU ) pulverized its results! Does the AI memory boom make everyone rich? 🧠
Micron ($MU ) didn’t just beat Wall Street’s expectations — it literally obliterated them! Revenue nearly quadrupled to an astonishing $54.23 billion, with net profit skyrocketing to $37.7 billion. Global demand for AI memory (HBM) is very real, and Micron is in the right place, right on the gold mine.
🔮 What’s next?
CEO Sanjay Mehrotra says that memory supply will become even more TIGHT until 2027 and 2028. They’re even working with Nvidia on a custom AI technology!
🧠 What should traders do?
The story around AI is stronger than ever. Keep a close eye on AI-related crypto tokens and tech stocks, but manage your entry prices wisely!
This is not financial advice
#mu #BinanceSquareTalks
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