Micron’s AI Potential Has Wall Street Buzzing. The Stock Rises.

Micron, the maker of computer memory chips, had analysts raising estimates after reporting better-than-expected results. Micron shares were up 6% in premarket trading to $83.43. Bolstered by chips that can be used with artificial intelligence programs, Micron on Wednesday reported a smaller-than-expected loss on revenue that was higher than what analysts had predicted.