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Wall St rises on AI optimism

Hosted on MSN · 7h

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.

Reuters on MSN · 12h

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.

Honolulu Star-Advertiser · 1d

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 Stock Soars

MarketWatch · 1d

Micron surprises investors with strong guidance, sending stock soaring

An analyst said investors were largely expecting Micron to miss on its outlook. Instead the company’s forecast topped expectations.

Wall Street Journal · 20h

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.

Barron's on MSN · 19h

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,

11hon 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 ...

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 ...

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.

7h

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 ...

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 ...

12h

Why Micron Stock Is Soaring Today

Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.

6h

Micron shares jump after better than expected earnings report

Micron (NYSE: MU) posted better than expected results in their fourth quarter earnings report, sending the company’s stock ...

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 ...

10h

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 ...

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