Micron shares at all-time high ahead of June 24 earnings, AI memory rally eyes next move
Micron surged 8.7% to a record $1,133.99 Thursday, capping a 15.5% weekly gain as investors brace for its June 24 earnings to confirm if AI-fueled demand can sustain soaring chip prices and margins; shares are up 298% this year, but competition from SK Hynix and high expectations raise risks if results or guidance disappoint.