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Wall St rises on AI optimism
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 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 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 fuels chip stock rally
Micron fuels chip stock rally as AI demand powers revenue forecast
Micron Technology surged 15 per cent on Thursday in premarket trading, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for semiconductors used to power generative AI technology.
Micron Stock Soars After Memory-Chip Maker Posts Strong Results and Outlook
Micron Technology (MU) stock jumped after the memory-chip maker posted better-than-expected quarterly results and issued guidance that topped Wall Street expectations. The stock stood more than 15% higher in recent premarket trading.
Micron Stock Jumps on Strong Outlook. ‘Robust AI Demand’ Is Boosting Chip Revenue.
Micron Technology stock jumped in premarket trading Thursday after the memory-chip company reported strong earnings and provided guidance above Wall Street expectations. For the quarter ended Aug. 29,
7h
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 ...
8h
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.
8h
Heard on the Street: What’s Great for Micron is Good for Chips as Well
Micron sure picked a great day to deliver some good news. The memory chip maker’s quarterly results ...
2h
on MSN
Stock indexes hit record highs as Micron rallies; oil prices fall
Global stock indexes reached record highs on Thursday after chipmaker Micron Technology's upbeat forecast, while oil dropped ...
8h
Why Micron Stock Is Soaring Today
Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.
6h
U.S. Commerce secretary on Micron delays: ‘I’m totally confident it’s going to go forward’
U.S. Secretary of Commerce Gina Raimondo steers a discussion about tech education and Micron Technology's plans to build in ...
2h
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 ...
15h
AMERICAS Micron adds fresh tech fizz, China surges anew
With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat ...
8m
S&P 500 At Fresh Record On Micron Results, China Stimulus
Wall Street stocks powered higher Thursday, with the S&P 500 finishing at a fresh record, following strong Micron earnings and statements from Beijing signaling likely additional stimulus.
13h
on MSN
Acciones de Micron suben luego que IA impulsara proyecciones
Micron Technology Inc, el mayor fabricante en EE.UU. de chips de memoria para computadoras, va camino de registrar la mayor ...
3h
Micron Technology Inc. stock rises Thursday, outperforms market
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
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