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 forecasts upbeat first-quarter revenue on strong demand for memory chips
The company is one of the only three providers of HBM chips along with South Korea's SK Hynix and Samsung, which has allowed the U.S. firm to cash in on demand for semiconductors that help power generative AI technology.
Micron Technology's Q4 '24 outperformance and better-than-expected FY2025 outlook continues to reinforce its role in enabling ...
Micron Technology, Inc (NASDAQ:MU) stock continued its upward trajectory Thursday after reporting upbeat quarterly results ...
Shares of memory chips maker Micron (NYSE:MU) jumped 18.2% in the morning session after the company reported impressive ...
Micron is uniquely positioned to benefit from industry demand for HBM and should see better top-line growth and margins ...
Global stock indexes reached record highs following Micron Technology's upbeat forecast on demand for AI chips. Conversely, ...
Micron Technology surged 15% on Thursday in premarket trading, leading a rally in chip stocks after its strong revenue ...
Micron is stealing the show in the AI space — at least for now — as investors bask in its latest earnings results.
Wall Street's indexes closed higher, with the S&P 500 hitting a record as Micron Technology shares surged. Positive U.S.
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