BOISE, Idaho (CBS2) — Micron Technology reported a blowout quarter fueled by surging demand for memory chips used in artificial intelligence, underscoring Boise’s growing role in the global AI economy.
The Boise-based company nearly tripled revenue to about $24 billion, with profits and margins reaching records. Micron said a major driver was high-bandwidth memory used in AI data centers, and that demand is outpacing supply.
For Boise, the results add momentum to Micron’s massive expansion and long-term job growth tied to the AI economy, positioning the city at the center of the global AI supply chain…