March 19 (Reuters) - Micron shares fell about 5% on Thursday as the chipmaker's plan to boost capital outlay unnerved investors, taking the shine off another round of blockbuster quarterly earnings fueled by AI.
Demand for advanced memory chips has soared as U.S. tech giants pour billions into AI data‑center buildouts, driving a supply crunch and pushing prices higher. That helped Micron deliver record margins in the quarter ended February.
