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Micron Guided to an 86% Gross Margin. No Memory Maker Has Ever Held a Number Like That for Long.
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SanDisk (NASDAQ:SNDK) shares have surged following a selection for the S&P 100 index, amid a massive 12-month rally of 2,440%.
Micron CEO Sanjay Mehrotra signals a fundamental shift in memory market cycles driven by an unprecedented surge in AI demand.
Global gadget prices are rising again as a crucial memory shortage deepens, driven by AI demand outstripping supply.
Micron shares surge as memory-price boom fuels record revenue and sparks AI chip rally