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.
Micron Stock Soars After Memory-Chip Maker Posts Strong Results and Outlook
Micron Technology (MU) stock jumped after the memory-chip maker posted better-than-expected quarterly results and issued guidance that topped Wall Street expectations. The stock stood more than 15% higher in recent premarket trading.
Enter consulting giant Bain & Company and a big, new forecast: “The market for AI-related hardware and software is expected ...
3h
Micron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial ...
Micron Technology surged more than 13% on Thursday, after its first-quarter revenue forecast indicated strong demand and ...
AI accelerators and chips can help enterprises support select low- to medium-intensive AI workloads with better total cost of ...
1d
The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like ...
After a brief lull, the fervor for artificial intelligence (AI) investments is back with a bang on Wall Street.
Micron Technology forecast first-quarter revenue ahead of Wall Street estimates and reported fourth-quarter revenue growth ...
Along with the bump in capacity, SK hynix says its 12-layer, 36GB HBM3E delivers faster speeds of up to 9.6Gbps.
Micron Technology has forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue ...
Micron Technology surged close to 19 per cent on Thursday, leading a rally in chip stocks after its strong revenue forecast ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback