Micron Technology predicts that memory-chip shortages will persist until at least 2028. Micron stock jumped Thursday after its Q3 report.

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

Micron Technology reports fiscal Q3 2026 earnings on June 24 with revenue projected between $33.5B and $36B. Here's what it means for chip stocks and