Micron reports Q1 revenue up 57% YoY to $13.64B, above $12.84B est., net income up 180% YoY to $5.24B, and Q2 revenue forecast above est.; MU jumps 5%+
CEO says it can only meet half to two-thirds of demand Akriti Shah / NewsMax.com : Micron Surges 13% on Upbeat Profit Forecast James Van Straten / CoinDesk : Micron crushes earnings, calming markets and helping boost bitcoin back above $87,000 Trader Edge / Blockonomi : Micron (MU) Stock Soars After Doubling Earnings Forecast Britney Nguyen / Dow Jones Newswires : Micron just had its Nvidia moment. What comes next for the stock? Jeremy Bowman / Motley Fool : What AI Bubble? This Chip Stock Just Said the AI Boom Is Alive and Well Dina Bass / Bloomberg : Micron Jumps on Rosy Outlook as AI Boom Spurs Memory Chip Demand Simon Sharwood / The Register : Micron says memory shortages are here for the foreseeable future Britney Nguyen / MarketWatch : Micron can't keep up with its massive demand, and its stock is soaring DigiTimes : Micron's blowout quarter underscores tightening memory supply and rising AI leverage Mike Wheatley / SiliconANGLE : Micron crushes expectations on earnings and guidance amid soaring AI memory demand Britney Nguyen / Dow Jones Newswires : Micron blows past expectations, and the stock is climbing Glenn Coin / Syracuse Post-Standard : Micron again reports record sales as AI market continues to boom Adam Eckert / Benzinga : Micron Stock Surges After Strong Q1 Results, Eye-Popping Outlook Angela Harmantas / Proactive : Micron shares jump after strong Q1 earnings, robust outlook Katherine Hamilton / Wall Street Journal : Micron Technology First-Quarter Sales Jump 57%, Led By Memory Growth Jacob Ridley / PC Gamer : Micron says memory shortages will persist beyond 2026 but ‘more memory is essential’ for the ‘AI experience’ Yahoo Finance : Micron stock pops after blowing past Q1, guidance estimates Forums: r/StockMarket : Micron forecasts surging revenue as computer memory demand for AI remains high