Multiple sources confirm Micron (MU) is experiencing an unprecedented revenue and profitability surge driven by AI...

Multiple sources confirm Micron (MU) is experiencing an unprecedented revenue and profitability surge driven by AI memory demand. According to Source 74, Micron's revenue quadrupled to $41 billion in its latest fiscal year. Source 65 reports Micron is poised to become more profitable than any US company except Nvidia and Google, citing operating margins. Source 69 highlights the AI memory supercycle as a durable tailwind. Source 2 notes Micron gains pricing power as US manufacturing widens margins. Multiple outlets (e.g., Source 56) claim Micron's market cap nears Tesla's. The Apple price hike news (e.g., Source 84) confirms memory costs are rising industry-wide, benefiting Micron. Bear case: a federal lawsuit for RAM price-fixing (Source 46) introduces legal risk, but the overwhelming data supports a structural demand shift. The sheer magnitude of the revenue and margin expansion points to a sustained upcycle for Micron.