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Micron tops fourth-quarter estimates, guides above Street on AI memory demand

Source: proactiveinvestors.com

Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Micron tops fourth-quarter estimates, guides above Street on AI memory demand

Micron forecast fiscal first-quarter revenue well above market expectations after reporting fourth-quarter revenue of $54.23 billion, up 379% year over year. The reported quarterly revenue exceeded the $51.07 billion consensus estimate, signaling strong operating momentum and a favorable near-term outlook.

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