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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
Why Micron Stock Is Soaring Today
Continued growth of demand for artificial intelligence hardware is proving a boon for this memory chip company.
Micron’s stock could see its best day in 13 years. What’s behind the big move.
Micron’s stock momentum after earnings reflects relief over the guidance as well as an appreciation for the company’s ability to benefit from AI trends.
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.
6h
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 ...
7h
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 ...
7h
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.
3h
Micron: Here's Why We're Flipping To A Buy After Q4 FY2024 Earnings
Micron Technology's Q4 '24 outperformance and better-than-expected FY2025 outlook continues to reinforce its role in enabling ...
2h
Micron Technology Inc. stock rises Thursday, outperforms market
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
1h
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 ...
1h
on MSN
Stock indexes hit record highs as Micron rallies; oil prices fall
Global stock indexes reached record highs on Thursday after chipmaker Micron Technology's upbeat forecast, while oil dropped ...
1h
Micron shares jump after better than expected earnings report
Micron (NYSE: MU) posted better than expected results in their fourth quarter earnings report, sending the company’s stock ...
12h
on MSN
Acciones de Micron suben luego que IA impulsara proyecciones
Micron Technology Inc, el mayor fabricante en EE.UU. de chips de memoria para computadoras, va camino de registrar la mayor ...
14h
AMERICAS Micron adds fresh tech fizz, China surges anew
With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat ...
5h
U.S. Commerce secretary on Micron delays: ‘I’m totally confident it’s going to go forward’
U.S. Secretary of Commerce Gina Raimondo steers a discussion about tech education and Micron Technology's plans to build in ...
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