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Micron shares surge

Reuters on MSN · 2d

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.

Wall Street Journal · 1d

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.

SiliconANGLE · 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. DRAM is widely used in personal computers and servers.

Reuters on MSN · 1d

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.

Bloomberg on MSN · 1d

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.

The Economic Times on MSN · 1d

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.

2don MSN

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 ...

1d

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 ...

7d

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?

13don MSN

Trump said at debate that ‘we hardly make chips anymore.’ But what about Micron? And Boise?

That was a noteworthy comment in Boise, the home of Micron Technology Inc., Idaho’s largest for-profit employer and the ...

3d

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 ...

2d

Micron Technology (NASDAQ:MU) Q3 Sales Beat Estimates, Stock Soars

Memory chips maker Micron (NYSE:MU) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up ...

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 ...

1don MSN

SK Hynix announces mass production of updated AI chip, spurring rally in Asian semiconductor stocks

The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like ...

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