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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 Stock Soars
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.
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,
14h
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 ...
16h
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 ...
15h
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
Micron: Here's Why We're Flipping To A Buy After Q4 FY2024 Earnings
Micron Technology's Q4 '24 outperformance and better-than-expected FY2025 outlook continues to reinforce its role in enabling ...
15h
Why Micron Stock Is Soaring Today
Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.
1h
Buy Rating Affirmed for Micron Amid Positive DRAM and NAND Cycle, With Promising HBM Market Outlook
In a report released yesterday, Thomas O’Malley from Barclays maintained a Buy rating on Micron (MU – Research Report), with a ...
11h
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 ...
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 ...
7h
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 ...
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