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Wall St rises on AI optimism
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.
Wall St rises on AI optimism after Micron's upbeat forecast
Wall Street's main indexes rose in choppy trading on Thursday, with the S&P 500 hitting an intraday record high after Micron's upbeat forecast rekindled the hype around artificial intelligence, and a soft jobless claims report soothed worries about the labor market.
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 Stock Soars
Micron stock soars 16% thanks to AI-driven revenue that's expected to grow even more
Global chip stocks rallied after U.S.-based Micron’s ( MU) revenue forecast topped Wall Street’s expectations.
Micron Stock Pops on Strong Outlook Driven by 'Robust AI Demand'
Micron Technology shares surged in extended trading Wednesday as the memory chip maker's revenue and outlook blew past expectations, driven by "robust AI demand."
Micron Stock Soars as Earnings, Outlook Top Expectations
Micron Technology stock jumped after the memory-chip maker cited AI demand in posting better-than-expected quarterly results and issuing guidance ahead of Wall Street expectations. The stock was up about 12% to $107.
17h
Why Micron is the latest AI darling — for today at least
Micron is stealing the show in the AI space — at least for now — as investors bask in its latest earnings results.
16h
on MSN
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 ...
56m
Micron: Q4 Revenues Jump 93% YoY as AI Boom Fuels Momentum
Micron Technologies hits its stride. Its fiscal fourth-quarter 2024 report revealed how AI and data center strength drove ...
53m
One chipmaker is finally reaping the benefits of Nvidia's AI chip boom
Micron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial ...
19h
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 ...
8h
Micron's AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say
Micron Technology, Inc (NASDAQ:MU) stock continued its upward trajectory Thursday after reporting upbeat quarterly results ...
1d
Micron’s Results May Reveal an AI Winner Trading at a Discount
Micron Technology Inc. will probably become the latest chipmaker to assure investors that demand for AI-related gear is still ...
1d
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 ...
1d
Micron Q4 Earnings: Revenue, EPS Beat On 'Robust AI Demand,' Company Sees 'Significantly Improved' Profitability Ahead, Shares Surge
Q4 Earnings: Micron reported fourth-quarter revenue of $7.75 billion, beating the consensus estimate of $7.635 billion. The ...
15h
Why Taiwan Semiconductor, ASML, and Other Artificial Intelligence (AI) Semiconductor Stocks Rallied on Thursday
Better-than-expected results from memory chip specialist Micron provided fresh evidence the adoption of AI still has room to ...
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