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Wall St rises on AI optimism

Hosted on MSN · 10h

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.

Reuters on MSN · 17h

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.

Honolulu Star-Advertiser · 1d

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

Quartz on MSN · 18h

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.

Investopedia · 1d

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."

Wall Street Journal · 1d

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.

16hon 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 ...

48m

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 ...

45m

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 ...

19hon 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 ...

14h

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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