Micron's stock soars after blowout earnings expose AI's memory bottleneck

Micron stock soared following blowout earnings that exposed a critical AI memory bottleneck. The company successfully locked in $100B of AI memory demand during the quarter. This positive momentum triggered a broader sector rally, with SanDisk shares jumping 15% and Western Digital climbing 13%. These results highlight the massive scale of infrastructure requirements for AI, driving significant growth for memory manufacturers as they address the increasing technical demands of the industry.