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Micron Gains Most in 13 Years After AI Boosts Forecast
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.
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 three providers of high-bandwidth memory (HBM) chips along with South Korea's SK Hynix and Samsung,
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.
2d
Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its ...
6h
Micron Technology: Expect Continued Rallies (Rating Upgrade)
Micron Technology's stock has surged recently, driven by strong demand for AI memory chips and impressive earnings, ...
2d
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 ...
2d
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 ...
2d
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 ...
2d
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 ...
2d
Why Micron Stock Is Soaring Today
Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.
2d
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 ...
2d
Micron’s HBM Chips in High Demand Amid AI Boom
Micron Technology is reaping the benefits of the AI boom, as its high bandwidth memory (HBM) chips are experiencing soaring ...
8d
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?
2d
on MSN
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 ...
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