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Micron Stock Rises 15% After Record Revenue

Micron Technology's stock rose 15% after record revenue results. Revenue rose over $9 billion from the previous quarter.

This was a record high for the company. The strong results drove the stock price up. Micron's stock has also risen about 700% over the past year.

Klear Note — Micron makes computer memory chips used in phones and computers. Strong chip demand helps the company earn more money and grow stock price.
Key Terms 2
  • Micron Technology A US company that makes memory chips for computers and phones
  • revenue The total money a company earns from sales
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