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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
Verified Sources 2