Micron Gains the Most in 13 Years After AI Boosts Forecast
WEB4 days ago — MU. (Bloomberg) -- 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 ...
Micron rises 13% as strong forecast impresses AI-hungry investors
WEB3 days ago — 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 ...
Micron shares surge after upbeat first-quarter forecast due to AI ...
WEB4 days ago — Micron Technology shares surged roughly 14% in after-hours trading after the memory maker forecast higher than expected first-quarter revenue due to the thirst for its memory chips used in ...
Micron (MU) Gives Strong Forecast After AI Helps Fuel Memory …
WEB4 days ago — 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 ...
Micron Stock Soars After Memory-Chip Maker Posts Strong …
WEB3 days ago — The company said AI-related demand helped sales of chips for data centers. (Kyle Green/Bloomberg News) Micron Technology (MU) stock jumped after the memory-chip maker posted better-than-expected ...
Micron starts mass production of memory chips for use in …
WEBFeb 26, 2024 — Micron Technology has started mass production of its high-bandwidth memory (HBM) semiconductors for use in Nvidia's latest chip for artificial intelligence, sending its shares up more than 5%...
Micron Stock Pops on Strong Outlook Driven by 'Robust AI …
WEB4 days ago — The memory chip maker and Nvidia (NVDA) partner swung to a profit of $887 million or 79 cents per share in the fiscal fourth quarter, from a loss of $1.43 billion or $1.31 per share a year ago ...
Micron forecasts upbeat first-quarter results amid AI boom
WEB4 days ago — Micron expects to report record revenue of about $8.7 billion, plus or minus $200 million, in the first quarter and forecast a jump in gross margin to about 39.5% for the same period. Analysts had ...
Micron forecasts upbeat first-quarter results as AI boom boosts
WEBThe company's shares, which have gained about 12% this year, were up nearly 14% after the bell. Micron is one of the only three providers of high-bandwidth memory (HBM) chips along with South ...
Micron Stock Surges on Strong Earnings and ‘Robust AI Demand’
WEB4 days ago — Micron, the memory chip maker, says revenue grew 93% in the latest quarter. Shares were on track for their best post-earnings performance since 2011, according to Dow Jones Market Data.