American data storage company
Micron has reported blockbuster fiscal third-quarter results — $41.46bn revenue and $28.24bn net income — and has forecast roughly $50bn for the current quarter. The results have pushed Micron above a $1tn market value, restarted buying in memory stocks and have sharpened concerns that soaring AI data‑centre demand is forcing consumer electronics makers, including Apple, to prepare price increases.
Investors are reassessing the debasement thesis as a nearly $40 trillion national debt and persistent deficits keep inflation in focus. Gold and bitcoin rally while long-dated yields show resilience; Nvidia results and policy moves remain key watchers.