Memory shortages have lifted Micron's profits, but costly chips may cut PC and phone purchases and later leave too much supply. Strong AI spending supports demand, so the story does not clearly shift Micron's business outlook.
The shortage is helping Micron earn more now, but it may also make customers cut back on new computers and phones. Strong AI spending helps, yet weaker device sales and too much memory supply prevent a clear change in Micron's outlook.
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