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Micron Gains the Most in 13 Years After AI Boosts Forecast
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, helped by demand for artificial intelligence gear.
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.
Wall St rises on AI optimism after Micron's upbeat forecast
Wall Street's main indexes rose in choppy trading on Thursday, with the S&P 500 hitting an intraday record high after Micron's upbeat forecast rekindled the hype around artificial intelligence, and a soft jobless claims report soothed worries about the labor market.
Micron Forecasts Strong First-Quarter Growth Thanks to AI Chip Demand
Micron Technology‘s stock surged by 14% in after-hours trading following an optimistic first-quarter forecast driven by strong demand for memory chips used in artificial intelligence (AI) computing. The company projects revenue of approximately $8.
16h
Boost Your iPhone’s Performance: Clear Memory on iOS 18
Improving your iPhone's performance is a top priority for many users, especially with the release of iOS 18. One of the most ...
2d
Micron’s stock surges as AI companies scramble for high-bandwidth memory chips
Within the semiconductor industry, Micron has established itself as a leader in the dynamic random-access memory chip segment ...
Opinion
4d
Opinion
Investing in US memory chip R&D will secure American innovation for years (Guest Opinion by Doug Grose)
Establishing a Memory Technical Center is critical to making chips more powerful, energy efficient and competitive, writes ...
2d
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 ...
2d
on MSN
Micron’s stock could see its best day in 13 years. What’s behind the big move.
Micron’s stock momentum after earnings reflects relief over the guidance as well as an appreciation for the company’s ability ...
1d
Buy Rating Affirmed for Micron Amid Positive DRAM and NAND Cycle, With Promising HBM Market Outlook
In a report released yesterday, Thomas O’Malley from Barclays maintained a Buy rating on Micron (MU – Research Report), with a ...
SciTech Daily
15d
Harnessing Phase Separation: A Game Changer for AI Memory Tech
Researchers have unveiled that phase separation, alongside oxygen diffusion, crucially supports the long-term retention of ...
2d
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.
2d
SK Hynix announces mass production of updated AI chip, spurring rally in Asian semiconductor stocks
The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like ...
2d
Buy Rating Affirmed for Micron on Strong Financials and High-Bandwidth Memory Market Positioning
Micron (MU – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Srini Pajjuri from ...
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