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The Korean chipmaker's profit is still rising, just more slowly. Does this change anything for Micron stock?
TradingKey - Micron closed at $932.97 as AI memory demand drives a $50B Q4 revenue outlook. Can MU clear $1,034 resistance and extend its record AI-led run higher?
Micron’s fiscal Q4 NAND revenue hit a record $14.1 billion, up 526% from a year earlier, as data center SSDs reached two-thirds of the business. Price drove most of the latest gain, and analysts already expect earnings to fade by fiscal 2030.