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Micron Stock Soars
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 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 was up more than 13% in recent trading.
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. DRAM is widely used in personal computers and servers.
AI, Micron
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 pricing for the high-bandwidth memory chips (HBM) used to support booming generative artificial intelligence technology.
Micron Gains Most in Six Months as AI Demand Bolsters Forecast
Micron Technology Inc., the largest US maker of computer memory chips, is on track to gain the most in six months after giving surprisingly strong sales and profit forecasts, helped by demand for artificial intelligence gear.
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 robust demand for the hardware used to power generative AI technology.
16h
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 ...
6d
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
What the Options Market Tells Us About Micron Technology
In terms of liquidity and interest, the mean open interest for Micron Technology options trades today is 5456.94 with a total ...
Techopedia
22h
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 ...
1d
Micron Technology (NASDAQ:MU) Q3 Sales Beat Estimates, Stock Soars
Charting, Price Performance, News & Related Contracts.
RTE Online
20h
Micron forecasts upbeat Q1 results as AI boom boosts demand for memory chips
Micron
Technology
has forecast first-quarter results ahead of Wall Street estimates and reported fourth-quarter revenue ...
1d
Nvidia supplier SK Hynix's stock jumps as mass manufacturing of new HBM chips for AI starts
SK hynix's stock surged 9% after announcing mass production of 12-layer HBM3E with 36GB capacity, leading in AI memory ...
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