Micron’s Revenue More Than Quadrupled. Here’s What Comes Next for the AI Chipmaker.

Key Points Micron beat Wall Street’s earnings expectations and issued stronger-than-expected guidance. Surging demand for AI memory is giving Micron enormous pricing power. The near-term outlook looks strong, but investors should remember the memory industry’s boom-and-bust history. 10 stocks we like better than Micron Technology › Micron (NASDAQ:MU) just reported its Q4 numbers, and they look quite good. The memory chipmaker more than quadrupled its revenue year over year, a pretty incredible number, even for a chipmaker essential to the artificial intelligence (AI) boom. Can Micron keep up this kind of pace? And what should investors expect from the company moving forward? Missed Nvidia in 2009? This Rare Signal Is Flashing Again.