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Investing.com - Micron Technology Inc (NASDAQ:MU) delivered the strongest quarterly results in its history after Wednesday's close, posting fiscal third-quarter 2026 revenue of $41.46 billion against a Wall Street consensus of $35.69 billion, a 16.2% beat, and earnings per share of $25.11 versus the $20.49 estimate, a 22.6% upside surprise. The print sent Micron shares up roughly 12.6% in extended trade to around $1,180.97, recovering from a regular-session close of $1,047.20.

Micron surged overnight on strong earnings and guidance, lifting other memory and chip plays. The Fed's favorite inflation gauge is on tap.

The company's revenue exploded, but the physical volume it shipped barely budged, revealing a pricing power the market may still be underestimating.

Even before its explosive growth, the company was already so swamped by demand it was warning investors it couldn't keep up.

AMD Steady, Nvidia Higher: Semis Try to Shake Off Selloff Ahead of Micron

The legacy memory chipmaker is becoming a high-growth AI stock.

Despite a sharp AI stock selloff, TSM's reported 5% to 10% price hike on advanced chip production suggests demand remains strong. Companies don't pay more for scarce capacity if growth is fading.

Before the data storage giant's stock price multiplied, the company was openly describing a fundamental change in how its biggest customers were buying.

Stock Market Today: The Dow Jones index dropped Wednesday after Tuesday's tech sell-off. FedEx dived on earnings.

Stocks rose on Wednesday as tech stocks stabilized after a two-day sell-off and oil prices declined to their lowest level in months.

Global memory and AI infrastructure stocks, including Western Digital (NasdaqGS:WDC), saw a sharp selloff after a downturn in Korean memory companies. The pullback followed a period of record highs tied to AI driven demand, supply tightness, and strong risk appetite for chipmakers. The move reflects wider technology sector concerns, including valuation questions, regulatory changes, and market liquidations in South Korea. Western Digital shares were caught in the broader shift in sentiment...

Micron’s results, due after market hours, would shape the view on the red-hot memory rally.

(Bloomberg) -- Micron Technology Inc.’s earnings report on Wednesday afternoon is shaping up to be one of the most important in months as investors find themselves suddenly on edge over the sustainability of the AI rally.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $600 Billion in Marke

A number of stocks fell in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

Most of the day’s biggest losers were still up tremendously for 2026.

I have covered Micron several times in the past. And each time, the headline has been some variation of the same theme. The numbers keep getting bigger and bigger, the analyst targets keep moving higher, and of course, the artificial intelligence (AI) memory supercycle keeps defying the skeptics ...

Today, June 23, 2026, investors faced sharp volatility as rate-hike expectations and a South Korean tech sell-off rattled Wall Street.

SanDisk is cashing in as evolving data center demands elevate memory storage’s role, giving the company fresh momentum.

The S&P 500 Index ($SPX ) (SPY ) today is down -1.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.69%. September E-mini S&P futures (ESU26 ) are down -1.14%, and September E-mini Nasdaq futures...

Tech stocks shriveled up Tuesday as fears about an AI bubble sapped market momentum.

Shares of SanDisk (NASDAQ:SNDK) are leading a sharp memory-chip selloff Tuesday morning session, with SanDisk stock down 11% to $2,027.50. The decline comes one day after the stock closed at a record high, capping a stunning run higher. Micron Technology (NASDAQ:MU) stock is sliding alongside it, off 10% to $1,085, while Western Digital (NASDAQ:WDC) shares ... SanDisk Plunges 11%, Micron and Western Digital Slide 10% as Korean Market Crash Hits Memory Chips

(Updates with economic data, recent oil price movement, world markets' overview, and corporate stock

The major stock indexes fell on Tuesday as yesterday's tech sell-off deepened and spilled over into memory and chip stocks.

US stocks looked set for a sharply weaker open on Tuesday as a sell-off in technology shares deepens across global markets. Futures point to losses for the Nasdaq 100 of around 849 points, or 2.8%, while the S&P 500 is set to shed 1.3% and the Dow Jones to drop 0.4%. The weakness...

AI-linked stocks dropped in the U.S. premarket and across Asian markets on Tuesday.

Seagate and Western Digital have been highlighted in this Screen of The Week article.

If you are wondering whether Western Digital stock still offers value after its strong run, this article focuses squarely on what the current price might imply. The share price recently closed at US$732.62, with returns of 12.1% over 7 days, 51.3% over 30 days and a very large gain year to date that is well over 200%. These moves sit against a backdrop of ongoing investor interest in storage and memory companies, and continued debate about how to price growth stories in the broader tech...

Shares of memory chips maker Micron (NASDAQ:MU) jumped 4.8% in the afternoon session after two more major Wall Street price target upgrades arrived ahead of its fiscal Q3 earnings report later in the week.

In the most recent trading session, Western Digital (WDC) closed at $732.95, indicating a -1.78% shift from the previous trading day.

Memory chipmaker SK Hynix (000660.KS) has accelerated ahead to become South Korea's most valuable company with a market cap of $1.36 trillion. Yahoo Finance Tech Editor Dan Howley discusses SK Hynix's gains resulting from the memory chip rally.