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Micron, Wall Street
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.
Wall St opens higher on AI euphoria after Micron's upbeat forecast
Wall Street's main indexes opened higher on Thursday, with the benchmark S&P 500 at a record high, as Micron's upbeat forecast revived the frenzy around artificial intelligence, while investors assessed a softer-than-expected weekly jobless claims report.
Micron May Help Lead Early Rally On Wall Street
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside
Micron Stock Soars
Micron stock soars 16% thanks to AI-driven revenue that's expected to grow even more
Global chip stocks rallied after U.S.-based Micron’s ( MU) revenue forecast topped Wall Street’s expectations.
Micron soars on AI-driven forecast, fuels chip rally
STORY: Shares of AI chipmaker Micron Technology surged as much as 19% on Thursday, thanks to a strong revenue forecast that signaled robust demand for its memory chips.If the stock gains hold, the company could add more than $19 billion to its market value.
Micron Stock Soars as Earnings, Outlook Top Expectations
Micron Technology stock jumped after the memory-chip maker cited AI demand in posting better-than-expected quarterly results and issuing guidance ahead of Wall Street expectations. The stock was up about 12% to $107.
12h
Why Micron is the latest AI darling — for today at least
Micron is stealing the show in the AI space — at least for now — as investors bask in its latest earnings results.
11h
on MSN
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 ...
3h
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say
Micron Technology, Inc (NASDAQ:MU) stock continued its upward trajectory Thursday after reporting upbeat quarterly results ...
1d
Micron’s Results May Reveal an AI Winner Trading at a Discount
Micron Technology Inc. will probably become the latest chipmaker to assure investors that demand for AI-related gear is still ...
1d
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 ...
1d
Micron Q4 Earnings: Revenue, EPS Beat On 'Robust AI Demand,' Company Sees 'Significantly Improved' Profitability Ahead, Shares Surge
Q4 Earnings: Micron reported fourth-quarter revenue of $7.75 billion, beating the consensus estimate of $7.635 billion. The ...
Channel NewsAsia Singapore
20h
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 ...
devdiscourse
6h
Record Highs for Global Stocks Boosted by Micron Forecast, Oil and Gold Show Volatility
Global stock indexes reached record highs following Micron Technology's upbeat forecast on demand for AI chips. Conversely, ...
10h
Why Taiwan Semiconductor, ASML, and Other Artificial Intelligence (AI) Semiconductor Stocks Rallied on Thursday
Better-than-expected results from memory chip specialist Micron provided fresh evidence the adoption of AI still has room to ...
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