Micron's AI Moment: Record earnings, strong guidance & what's next

Micron reported record quarterly revenue, profits and margins, comfortably beating Wall Street estimates on surging AI memory demand. The company issued strong forward guidance exceeding analyst forecasts and disclosed approximately $22 billion in long-term customer agreements, reinforcing confidence in sustained AI-driven growth. The results triggered a rally across the global semiconductor sector, benefiting AI chipmakers and memory manufacturers worldwide.