Japan’s benchmark index posted its best session in six weeks on Tuesday, led by a wave of buying in semiconductor-linked stocks after Micron Technology raised long-term customer commitments to $32 billion from $22 billion in June.
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Micron’s Q4 Revenue Surges 379% to $54 Billion as AI Memory Demand Hits Record
Micron Technology posted $54.23 billion in fiscal Q4 revenue, up 379% year-on-year, as AI-driven demand for high-bandwidth memory set a new company record and beat analyst estimates by $4 billion.