The AI boom has turned memory chip manufacturers like Micron and SK Hynix from cyclical businesses into a sizzling hot growth sector.

Micron Technology (MU), a U.S.-based maker of memory and storage chips, is emerging as one of the biggest winners of the AI boom, with rising de...

Micron stock is trading in record high territory as the memory-chip maker benefits from huge demand from AI data centers.

The AI boom has turned memory chip manufacturers like Micron and SK Hynix from cyclical businesses into a sizzling hot growth sector.

Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion…