Micron reports Q2 revenue up 58% YoY to $5.82B, vs. $5.53B est., and forecasts Q3 revenue above estimates, buoyed by demand for AI hardware; MU jumps 11%+ (Ian King/Bloomberg)

Ian King / Bloomberg:

Micron reports Q2 revenue up 58% YoY to $5.82B, vs. $5.53B est., and forecasts Q3 revenue above estimates, buoyed by demand for AI hardware; MU jumps 11%+  —  – Sales outlook far exceeds what analysts were estimating  — Micron is one of ‘biggest beneficiaries’ of AI boom, CEO says