WS #10642
Micron's FQ3 gross margin hit 84.9%, revenue $41.46B, net income $28.24B, confirming AI-driven memory demand and boosting semiconductor sector. OpenAI and Broadcom announced Jalapeño, a custom LLM inference chip, potentially reducing Nvidia's dominance.
Micron record earnings and semiconductor surge
Micron's FQ3 gross margin hit 84.9%, revenue $41.46B, net income $28.24B, confirming AI-driven memory demand and boosting semiconductor sector.
OpenAI and Broadcom announced Jalapeño, a custom LLM inference chip, potentially reducing Nvidia's dominance.