WS #10641
Micron reported record gross margin of 84.9%, revenue $41.46B, net income $28.24B, driving after-hours stock surge and bullish semiconductor sentiment. OpenAI and Broadcom announced Jalapeño, a custom ASIC for LLM inference, potentially reducing reliance on Nvidia.
Micron earnings beat and margin record
Micron reported record gross margin of 84.9%, revenue $41.46B, net income $28.24B, driving after-hours stock surge and bullish semiconductor sentiment.
OpenAI and Broadcom announced Jalapeño, a custom ASIC for LLM inference, potentially reducing reliance on Nvidia.