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Micron stock surged 17% before the bell on Thursday after the chipmaker forecast higher-than-expected revenue for the upcoming quarter.Micron projected first quarter revenues of $8.5 billion to $8 ...
(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 ...
The high end of Micron's near-term revenue forecast implies a top-line figure of $8.1 billion. This was perceived as abysmal by the investment community, as it pales in comparison to Wall Street's ...
(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 ...
Micron expects to report record revenue of about $8.7 billion, plus or minus $200 million, in the first quarter and forecast a jump in gross margin to about 39.5% for the same period.
(Reuters) -Memory chipmaker Micron Technology surged 18% on Thursday and was set to open trading at a record high after its strong revenue forecast fanned optimism that soaring demand for AI ...
"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 ...
The company's quarterly results on Wednesday exceeded market expectations and it forecast a strong February quarter in a clear sign that memory chip prices will improve next year to recover from a ...