Micron bounces back as AI drives up memory prices

Micron is basking in a market bounceback, crediting the surge of interest in AI for a jump in the company's revenue, even though buyers face the prospect of rising memory prices for the year ahead. The Boise, Idaho memory maker reported revenue of $5.82 billion for its fiscal Q2 2024 ended February 29, up more than 50 percent …

[David Hicklin]

AI Tulips

And when the AI bubble bursts....????