Micron Forecast Tops Estimates, Cites $22 Billion in Supply Agreements

Micron secured $22 billion in customer commitments and issued a stronger-than-expected forecast as AI-driven demand continues to strain global memory chip supplies. Micron Technology reported stronger-than-expected quarterly results and issued an upbeat forecast, signaling that demand for memory chips used in artificial intelligence applications continues to outpace supply. The company said customers have committed approximately […]