Shares of Micron pop 14% on earnings beat driven by AI boom

(CNBC) Micron said revenue rose to $5.82 billion from $3.69 billion in the year ago quarter. The company reported a net income of $793 million, up from a net loss of $2.3 billion in the same period last year. For its fiscal third quarter, Micron expects to report revenue of $6.6 billion, above the $6.02 billion expected by analysts.

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