Micron Technology is trading 4.7% up at $200.75 after boosting its fiscal Q4 revenue and earnings guidance and signaling that its AI-focused high-bandwidth memory (HBM) is sold out through 2027.
- The stronger outlook is driven by surging demand for AI data center components.
- Investors are reacting to the company's expanded long-term HBM order book, which is driving the stock higher despite modest gains in broader market indices.