From CNBC:

Micron Technology’s shares surged over 14% after beating analysts with second-quarter fiscal 2024 results. Revenue climbed to $5.82 billion from $3.69 billion, with a net income of $793 million. For the next quarter, Micron expects revenue to hit $6.6 billion, pointing to AI as a key driver of growth in the semiconductor industry.



Read more at CNBC:: Micron stock pops 14% on earnings beat driven by AI boom