Micron Technology's stock surged eightfold in a year on AI memory chip demand, but rising short interest of 37.3 million shares signals growing skepticism.

Micron posted $41bn in Q3 revenue, quadrupling year-over-year, as HBM4 chips for Nvidia and Google drove gross margins past 81 percent for the first time.

June 24 : Micron Technology forecast quarterly earnings above Wall Street estimates on Wednesday, signaling that heavy investments in AI-related infrastructure will drive strong…