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Micron Stock Hits All-Time High as Anthropic Partnership Expands; Q3 Revenue Expected at $35.07B

AI Industry News Stocks

2026-06-22 16:02:15

Micron Technology (MU) shares climbed 5% to an all-time high on June 22 after the company expanded its strategic partnership with Anthropic, covering AI memory and storage architecture, long-term supply agreements, and infrastructure optimization for next-generation AI systems.

Micron participated in Anthropic's $65 billion Series H funding round in May. According to Fiscal.ai, analysts forecast Micron's third-quarter revenue of $35.07 billion and earnings of $20.15 per share, with DRAM expected to drive growth amid rising demand for AI computing capacity.

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