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Micron stock jumps 10% as soaring prices from memory crunch lead to quadrupling of revenue
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- Micron's revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand tied to the artificial intelligence boom.
- Here's how the memory maker did versus LSEG consensus estimates:
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Micron's revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand tied to the artificial intelligence boom. The stock rose about 10% in extended trading.
Here's how the memory maker did versus LSEG consensus estimates:
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