MU surges 16% on blockbuster Q3, raises Q4 outlook above estimates

Micron Technology (MU) delivered a blockbuster Q3 on Wednesday, sending its stock up 16% in premarket trading and pulling the entire AI memory sector higher. Revenue came in at $41.5 billion versus the $35.7 billion Wall Street expected, while EPS reached $25.11 against a $20.49 consensus. Q4…