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.
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.
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.
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 ...
Is Micron Technology, Inc. (NASDAQ:MU) the Best Long Term Tech Stock To Invest In Now?
We recently published a list of the 8 Best Long Term Tech Stocks To Invest In Now. In this article, we are going to take 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 ...
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 ...
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 ...
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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 ...
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 ...
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 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 ...