{"id":236712,"date":"2026-06-24T19:18:00","date_gmt":"2026-06-24T23:18:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/24\/micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring\/"},"modified":"2026-06-24T19:55:15","modified_gmt":"2026-06-24T23:55:15","slug":"micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/24\/micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring\/","title":{"rendered":"Micron Just Broke the Mold for Artificial Intelligence (AI) and Its Stock is Soaring"},"content":{"rendered":"<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/markets-news\/motley\/2637047\/micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring\/\">Micron Just Broke the Mold for Artificial Intelligence (AI) and Its Stock is Soaring<\/a><\/p>\n<p><a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/markets-news\/motley\/2637047\/micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring\/\">https:\/\/www.theglobeandmail.com\/investing\/markets\/markets-news\/motley\/2637047\/micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-24 19:18:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.theglobeandmail.com\">www.theglobeandmail.com<\/a><\/p>\n<ul>\n<li>Micron Technology reported record quarterly results with significant revenue and profit growth driven by its AI chip business.<\/li>\n<li>In fiscal 2026 Q3, Micron achieved a 346% year-over-year revenue growth to $41.5 billion, surpassing analyst expectations.<\/li>\n<li>Micron&#8217;s gross margin tripled and it experienced substantial cash flow growth, generating $25.4 billion in operating cash flow for the quarter.<\/li>\n<li>The company\u2019s outlook for Q4 forecasts unprecedented growth with projections of $50 billion in revenue and a 10x increase in adjusted earnings per share.<\/li>\n<li>Management anticipates tight supply-demand conditions for DRAM and NAND memory chips extending beyond 2027 due to high demand.<\/li>\n<li>Despite the impressive results, Micron shares remain undervalued, trading at 17 times forward earnings.<\/li>\n<li>Analysts from The Motley Fool Stock Advisor suggest considering other stocks with potential for high returns, though Micron still maintains a strong position in the market.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Micron Just Broke the Mold for Artificial Intelligence (AI) and Its Stock is Soaring https:\/\/www.theglobeandmail.com\/investing\/markets\/markets-news\/motley\/2637047\/micron-just-broke-the-mold-for-artificial-intelligence-ai-and-its-stock-is-soaring\/&#8230;<\/p>\n","protected":false},"author":1,"featured_media":236713,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/barchart-news-media-prod.aws.barchart.com\/FC\/76bb71dddd8c9db403ca910b80b14018\/%3Furl%3Dhttps%253a%252f%252fcdn.content.foolcdn.com%252fimages%252f1umn9qeh%252fproduction%252f30bbb794270c9aa550d6073a1f58d8284657eae1-2000x1200.jpg%253fw%253d2000%2526h%253d1200%2526q%253d75%2526auto%253dformat%26amp%3Bw%3D700","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-236712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236712"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=236712"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236712\/revisions"}],"predecessor-version":[{"id":236714,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/236712\/revisions\/236714"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/236713"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=236712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=236712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=236712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}