Micron reported its Q4 earnings with income and profit surpassing projections, fueled by a boom in storage demand. The company's gross margin is a point of interest, but it provided strong guidance with data center income increasing by 11 times. Micron's stock is expected to surge to $1,100, supported by a $63 billion revenue outlook and AI-fueled growth. Micron forecasts annual revenue and profit over estimates, with a $370 billion stock rebound hinged on AI spending. Forbes noted Micron's gross margin as a warning, while Yahoo Finance Australia detailed key metrics from the financial results.