Micron benefits from the AI memory boom, and its stock price soars.

Micron Technology rose 10% in early trading on Thursday, after briefly rising over 15%. The company reported first-quarter revenue of $13.64 billion and adjusted earnings per share of $4.78, both exceeding expectations. The company expects second-quarter revenue to be around $18.7 billion with earnings per share of approximately $8.42, citing strong demand for AI data centers and increased product prices.