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International Business Times UK
International Business Times UK
Dani Oh

UNCOVERED: Micron just overtook tesla after its revenue exploded 346 on ai demand | History Defined

Micron Fab in Taichung, Taiwan (Credit: Thingreenline4546/Wikimedia Commons CC BY-SA 4.0)

Micron has overtaken Tesla in market value after its quarterly revenue soared 346 per cent on surging demand for memory chips that power artificial intelligence data centres.

The stunning jump in sales and profits, driven by DRAM and high‑bandwidth memory used alongside advanced AI processors, has turned the long‑cyclical memory maker into one of the most valuable technology companies in the world almost overnight.

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