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Micron Gains the Most in 13 Years After AI Boosts Forecast
Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear.
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 Forecasts Strong First-Quarter Growth Thanks to AI Chip Demand
Micron Technology‘s stock surged by 14% in after-hours trading following an optimistic first-quarter forecast driven by strong demand for memory chips used in artificial intelligence (AI) computing. The company projects revenue of approximately $8.
1d
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, ...
3d
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 ...
9d
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?
Techopedia
3d
Micron Technology Exceeds Q3 Sales Projections, Leading to Stock Rally
Micron Technology reported impressive fiscal Q4 2024 results with sales soaring 93.3% year on year to $7.75 billion and a ...
11d
on MSN
If You Bought 1 Share of Micron Technology at Its IPO, Here's How Many Shares You Would Own Now
Micron has been around since the 1970s, joining the stock market way back in 1984. How many shares would you have today, ...
3d
Micron Technology Jumps In Pre-market On Upbeat Quarterly Results, Outlook
Shares of Micron Technology, Inc. (MU) were rising more than 16 percent in pre-market on Thursday to $111.65, after reporting upbeat ...
11d
A Closer Look at 24 Analyst Recommendations For Micron Technology
Insights from analysts' 12-month price targets are revealed, presenting an average target of $158.12, a high estimate of $225 ...
4d
Micron Technology (MU) Launches New SSD with 2X Speed Boost for Gamers
In this article, we are going to take a look at where Micron Technology (NASDAQ:MU) stands against the other AI news you ...
Money Morning
3d
Three Stocks: Super Micro Computer, Dell, and Micron Technology
Shares of Dell remain in a bull market trend with a target of $175. Stock in Micron Technology ( MU) rallied more than 14% ...
4d
Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2024
BOISE, Idaho, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2024, which ended August 29, 2024. Revenue ...
9h
Micron: A Huge Buying Opportunity That You Shouldn't Miss
Notwithstanding the recent improvement in buying sentiments, MU must stay above the $115 resistance zone to convince more ...
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Artificial intelligence
AI
MU
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