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Micron beats quarterly revenue estimates

ReutersMar 18, 2026 8:03 PM

March 18 (Reuters) - Chipmaker Micron Technology MU.O beat Wall Street estimates for second-quarter revenue on Wednesday, benefiting from a surge in demand for its memory chips used in artificial intelligence hardware.

The company reported revenue of $23.86 billion for the quarter, compared with analysts' average estimate of $20.07 billion, according to data compiled by LSEG.

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