Thursday, 25 June, 2026
Micron Rides the AI Wave to Record-Breaking Millions
By TechShots Studio
Fueled by skyrocketing AI data center demand, American memory chip giant Micron reported a staggering 346% revenue surge to $41.46 billion, sending its stock soaring. The rapid construction of AI infrastructure has triggered massive memory shortages, causing global component prices to spike. Micron warns that relief won't arrive until 2028, with its high-bandwidth memory fully sold out through 2026.
Read full story at CIO ECONOMIC TIMES