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Micron forecasts upbeat 1st-quarter results amid AI boom

Bloomberg on MSN · 3h

Micron Gains the Most in 13 Years After AI Boosts Forecast

Micron Technology Inc., the largest US maker of computer memory chips, is on track to gain the most in six months after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear.

Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips

Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth memory (HBM) chips used by the AI industry, sending the company's shares up 10% after the bell.

Honolulu Star-Advertiser · 23h

Micron forecasts upbeat first-quarter results amid AI boom

Micron Technology forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue growth that was the highest in more than a decade on the back of booming demand for its memory chips used in the AI industry.

Micron, Wall Street

Reuters on MSN · 10h

Wall St opens higher on AI euphoria after Micron's upbeat forecast

Wall Street's main indexes opened higher on Thursday, with the benchmark S&P 500 at a record high, as Micron's upbeat forecast revived the frenzy around artificial intelligence, while investors assessed a softer-than-expected weekly jobless claims report.

Business Insider · 11h

Micron May Help Lead Early Rally On Wall Street

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside

Seeking Alpha · 12h

Micron's guidance surprises Wall Street as the AI train continues to roll on

Micron Technology's (MU) fourth-quarter results topped expectations, but it was the memory maker's guidance that pleasantly surprised Wall Street. Read for more.

8h

Why Micron is the latest AI darling — for today at least

Micron is stealing the show in the AI space — at least for now — as investors bask in its latest earnings results.

2h

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 upbeat quarterly results ...

4h

Micron: Here's Why We're Flipping To A Buy After Q4 FY2024 Earnings

Micron Technology's Q4 '24 outperformance and better-than-expected FY2025 outlook continues to reinforce its role in enabling ...

5h

Why Taiwan Semiconductor, ASML, and Other Artificial Intelligence (AI) Semiconductor Stocks Rallied on Thursday

Better-than-expected results from memory chip specialist Micron provided fresh evidence the adoption of AI still has room to ...

9hon MSN

Micron stock soars 16% thanks to AI-driven revenue that's expected to grow even more

Global chip stocks rallied after U.S.-based Micron’s ( MU) revenue forecast topped Wall Street’s expectations.

1d

Micron’s Results May Reveal an AI Winner Trading at a Discount

Micron Technology Inc. will probably become the latest chipmaker to assure investors that demand for AI-related gear is still ...

Investopedia on MSN7h

Micron's Post-Earnings Pop Leads Other Chip Stocks Higher

Micron Technology shares surged Thursday on its strong outlook fueled by AI demand, leading other semiconductor stocks higher ...

8h

Why Micron Stock Is Soaring Today

Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.

9hon MSN

Micron set to benefit as memory's role in AI is not fully appreciated, says Wells Fargo's Rakers

Aaron Rakers, Wells Fargo analyst, joins CNBC to discuss his buy rating on Micron, where the company stands among the big ...

1d

Micron Stock Pops on Strong Outlook Driven by 'Robust AI Demand'

Micron Technology shares surged in extended trading Wednesday as the memory chip maker's revenue and outlook blew past ...

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