Micron Technology broadly addressed the topics during its third-quarter earnings call on Wednesday, June 24, that analysts and prediction markets had predicted, with few surprises.

Micron (MU) stock jumps 6% to new highs ahead of June 24 earnings as Needham raises its price forecast to a bullish $1,550.

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