Micron Shares Surge 20% After Blockbuster Fiscal Third-Quarter Earnings

Micron shares jumped nearly 20% in pre-market trading following a massive earnings report. The company reported fiscal third-quarter revenue of $41.46 billion, marking a 346% year-on-year increase. This surge highlights the growing demand for AI-driven hardware. The results position Micron as a key bellwether for the AI sector's financial health.