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Micron shares surge
Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
By Harshita Mary Varghese (Reuters) -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 artificial intelligence computing.
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. DRAM is widely used in personal computers and servers.
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, ai
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 Gains Most in Six Months as AI Demand Bolsters 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 rises 19% on AI-driven forecast, fuels chip stock rally
Micron Technology surged close to 19% on Thursday, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for the hardware used to power generative AI technology.
1d
on MSN
Micron forecasts upbeat first-quarter results as AI boom boosts demand for memory chips
The company's shares, which have gained about 12% this year, were up nearly 14% after the bell. Micron is one of the only ...
12h
Why Micron Stock Is Soaring Today
Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.
10h
Why Are Micron Technology (MU) Shares Soaring Today
Shares of memory chips maker Micron (NYSE:MU) jumped 18.2% in the morning session after the company reported impressive ...
14h
Micron: Excellent Earnings - Remains A Strong Buy
Micron's leadership in memory chips and AI demand positions it for substantial future growth. Check out why I continue to ...
12h
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 ...
6h
Tech Up After Micron Earnings -- Tech Roundup
Micron Technology shares surged, registering their biggest gain since 2011, after it reported that growing demand for AI-related data center applications offset weakness in market segments such as ...
6d
Micron Technology Stock Earnings Preview: What To Know Before It Reports
Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?
RTE Online
13h
Micron forecasts upbeat Q1 results as AI boom boosts demand for memory chips
Micron
Technology
has forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue ...
1d
on MSN
Nvidia supplier SK Hynix's shares rally as mass production of latest HBM chips begins
SK Hynix shares jumped more than 9% on Thursday after the South Korean firm started mass production of the most advanced high ...
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