Micron Technology reported a strong earnings forecast for its second quarter, projecting adjusted profit nearly double what Wall Street analysts had anticipated. The surge comes amid rising demand for memory chips driven by the rapid expansion of artificial intelligence data centers. Strong pricing and tight supply conditions have further boosted the company’s outlook, sending its shares up 7% in after-hours trading. Micron’s performance underscores the growing importance of semiconductor memory in powering AI infrastructure, as companies race to scale up computing capacity to support advanced models and workloads.