Micron Shares Close up 6% as Sales Exceed Estimates

The video discusses the economic growth since 2011, highlighting a revised GDP growth rate of 4.6%. It covers Micron Technology's fiscal performance, noting a significant rise in sales and stock value due to favorable chip pricing and demand. Additionally, it reports on corn futures falling to a five-year low as the U.S. harvests its largest crop, with 74% rated in good or excellent condition, the best in two decades.

What was the revised annualized rate of gross domestic product growth mentioned in the text?

How much did Micron technology's sales exceed estimates in the fiscal fourth quarter?

What is significant about the corn crop mentioned in the text?

What factors contributed to the favorable conditions for corn this year?

What percentage of the corn crop was rated in good or excellent condition?