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.
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 forecasts upbeat quarterly revenue as AI boom boosts demand for memory chips
Micron Technology forecast first-quarter revenue 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 rises 13% as strong forecast impresses AI-hungry investors
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 generative artificial intelligence technology.
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.
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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 ...
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 ...
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 ...
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 ...
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.
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Micron forecasts upbeat Q1 results as AI boom boosts demand for memory chips
HBM is a space-saving, power-efficient type of dynamic random access memory chip, or DRAM, crucial for AI-focused ...
Micron Stock Jumps on Strong Outlook. ‘Robust AI Demand’ Is Boosting Chip Revenue.
Susquehanna analyst Mehdi Hosseini reiterated his Positive rating for Micron shares. “Despite all the noise/anxiety over the ...