Search results
Results from the WOW.Com Content Network
(Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption to forecast third-quarter revenue above estimates on Wednesday and post a surprise quarterly profit.
(Reuters) -Micron Technology forecast quarterly revenue above market estimates on Wednesday, and its shares jumped nearly 5% in extended trading on signs of memory chip recovery in 2024 after one ...
Adjusted earnings per share of $1.18 also exceeded both the top range of Micron's guidance and the $1.11 forecast by Wall Street. Micron’s memory chip business has undergone a resurgence over ...
For its fiscal first quarter, Micron's earnings per share of $1.79 surpassed the expected $1.76, while its revenue of $8.7 billion was in line with forecasts, according to Bloomberg consensus ...
They've also forecast a flip into the black on the bottom line, to a $1.02-per-share profit from a $1.07 loss in the same quarter of fiscal 2023. Should you invest $1,000 in Micron Technology ...
"Micron's largely inline forecast may have been good enough two or three months ago, but is not enough to meet current lofty Micron Tech beats revenue estimates on AI chip demand; shares fall ...
Micron Technology forecast quarterly revenue and profit below Wall Street estimates on Wednesday, sending shares lower as weak demand for consumer-centric products such as personal computers and ...
While the average Wall Street target had called for revenue of $8.98 billion and earnings per share of $1.91 in the current quarter, Micron guided for sales of just $7.9 billion and per-share ...