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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.
2d
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 ...
2d
Why Micron Stock Is Soaring Today
Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.
3d
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 ...
3d
Micron shares surge after upbeat first-quarter forecast due to AI demand for memory chips
Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its ...
12h
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, ...
2d
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 ...
2d
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 ...
digitalmarketreports
8h
Micron’s Impressive Forecast Sparks Global Chip Market Rally
Global chip stocks saw a significant rally on Thursday following U.S. semiconductor maker Micron's revenue guidance, which ...
2d
Heard on the Street: What’s Great for Micron Is Good for Chips as Well
Micron sure picked a great day to deliver some good news. The memory chip maker’s quarterly results ...
2d
on MSN
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.
2d
Micron stock soars as Q1 revenue forecast tops analyst estimates
Micron's quarterly earnings report should give investors a glimpse into what's ahead for the US semiconductor industry as earnings season begins.
2d
on MSN
Analysts race to overhaul Micron stock price targets after earnings
Micron said it sees "multiple billions of dollars of revenue" from the sale of HBM chips in its new fiscal year.
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