AI boom drives Micron margins to record high amid chip supply constraints

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Dive Brief: Micron reported record-breaking financial results Wednesday, as the AI boom spikes demand for chips and memory, and industry supply remains constrained with low levels of inventory relative to demand. For Micron’s fiscal quarter ending Feb. 26, revenue reached $23.9 billion, nearly tripling year over year and an increase of almost 75% quart ...

AI boom drives Micron margins to record high amid chip supply constraints - Reportify