business

Micron profits soar nearly 1,400% amid global memory chip shortage

Financial Times · Jun 24, 2026, 8:41 PM · Also reported by 4 other sources

Shares surge in after-hours trading after chipmaker reports strong third-quarter earnings on AI boost

Read full story on Financial Times → More top stories

Also covered by

TechCrunch AI The memory chip crunch is paying off for this U.S. company Bloomberg Tech Micron and Qualcomm Lift Chipmakers Amid Rapid AI Growth Investing.com Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally Dawn News Pakistan pushes for global action against hepatitis amid alarming WHO findings

Aggregated and edited by the Scoop newsroom. We surface news from Financial Times alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Micron profits soar nearly 1,400% amid global memory chip shortage

Also covered by

More in business