Micron rises 13% as strong forecast impresses AI-hungry investors
WEB14 hours ago · Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and pricing for the high-bandwidth memory chips (HBM) used to support booming ...
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel …
WEB6 hours ago · MU. Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say. Micron Technology, Inc (NASDAQ: MU) stock continued its upward trajectory Thursday after reporting ...
Micron shares surge after upbeat first-quarter forecast due to AI ...
WEB1 day ago · The company forecast revenue of $8.70 billion, plus or minus $200 million, for the first quarter, compared with estimates of $8.28 billion, according to LSEG data. Micron's results typically set ...
Micron Soars After AI Computing Demand Bolsters Forecast
WEB1 day ago · Fiscal first-quarter revenue will be about $8.7 billion, the company said in a statement Wednesday. That compares with an average analyst estimate of $8.32 billion. Profit will be about $1.74 a ...
Micron stock soars 16% thanks to AI-driven revenue that's
WEB11 hours ago · Analysts had expected around $8.3 billion for that quarter, according to estimates compiled by FactSet. Micron, which produces memory and data storage chips for computers, reported revenue of $7. ...
Micron Soars After AI Computing Demand Bolsters Forecast
WEB1 day ago · September 25, 2024 at 4:21 PM EDT. Save. Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit forecasts ...
Micron Technology sees largest gain in nearly 13 years
WEB5 hours ago · The stock is up 29% this year. Micron Technology Inc., the largest US maker of computer memory chips, gained the most in nearly 13 years after giving surprisingly strong sales and profit forecasts ...
Micron shares surge after upbeat first-quarter forecast due to AI ...
WEB1 day ago · (Reuters) -Micron Technology shares surged roughly 14% in after-hours trading after the memory maker forecast higher than expected first-quarter revenue due to the thirst for its memory chips used ...
Live news: Micron shares jump 16.5% on strong AI spending
WEB2 days ago · Micron shares jump 16.5% on strong AI spending. Micron shares surged 16.5 per cent on Thursday, on track for their biggest one day gain since 2011, after the US chipmaker reported a rosy sales ...
Why Micron is the latest AI darling — for today at least
WEB10 hours ago · Micron has seized the limelight in the AI space after its latest earnings report. The stock surged as much as 20% to $115 on the results. Wall Street analysts are raising price targets for the ...
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