Micron Profit, Revenue Surge as Memory Crunch Looks to Last Through 2028 - WSJ — SkimNews
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- Micron beat Q4 estimates on top and bottom lines and issued strong guidance, with data center revenue jumping 11-fold year-over-year.
- Micron projected a memory crunch lasting through 2028, fueling a surge in profit and revenue tied to AI-fueled demand.
Why it matters: An 11-fold jump in data center revenue signals AI memory demand is accelerating, and a crunch extending through 2028 gives Micron and competitors sustained pricing leverage into the latter half of the decade.
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