Chip Maker Micron Bets Big on AI, Stock Soars

Micron's stock jumped 9.33% after the company forecast $50 billion in future revenue from making memory chips for AI systems. These chips are expensive and hard to manufacture at scale. The company's confidence suggests they expect steady, long-term demand—not a temporary rush. Whether the stock keeps rising depends on whether Micron actually delivers on that promise over the next few quarters.