MU's Q4 performance reflects the benefits of the robust demand for the product portfolio across DRAM and NAND technologies.
Micron Technology (MU) shares surged Thursday after the memory chip maker's revenue and outlook blew past expectations, leading Nvidia (NVDA) and other semiconductor stocks higher.
Micron Technology surged 15% on Thursday in premarket trading, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for semiconductors used to power generative AI technology.
CNBC's Arjun Kharpal breaks down Micron's earnings and discusses what they may signal about other areas of the chip market and tech.
As of Sept. 26, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Ben Emons, Chief Investment Officer and Founder at FedWatch Advisors, discussed market trends, noting Micron's upbeat outlook boosting tech stocks and the Fed potentially accelerating actions to control unemployment.
A look at the day ahead in U.S. and global markets from Mike Dolan
After experiencing a strong downtrend at the start of September and trading near $87 through much of the month, Micron (NASDAQ: MU) stock suddenly exploded in extended session trading between Wednesday, September 25, and Thursday, September 26.
Micron Technology (NASDAQ: MU) has seen solid performance in the last year. Although the stock is currently up 33.88% year-to-date (YTD), a full 20% of those gains occurred over the past five days — and September 25 alone accounts for 12% of the upswing.
Micron shares are up after the memory chip maker smashes Q1 revenue forecasts. Its bumper outlook pushes tech stocks up in Asia, helping along a regional rebound.
Micron Technology, Inc. (NASDAQ:MU ) Q4 2024 Post Earnings Conference Call September 24, 2024 5:00 PM ET Company Participants Satya Kumar - IR Sumit Sadana - EVP and Chief Business Officer Manish Bhatia - EVP, Global Operations Mark Murphy - CFO Conference Call Participants Karl Ackerman - BNP Paribas Harlan Sur - JPMorgan Aaron Rakers - Wells Fargo Chris Caso - Wolfe Research Harsh Kumar - Piper Sandler Mehdi Hosseini - Susquehanna Brian Chin - Stifel Nicolaus Operator Thank you for standing by and welcome to Micron's Post Earnings Analyst Call. At this time all participants are in listen-only mode.
Micron Technology (MU) reported better-than-expected fourth quarter results. Dan Morgan, Synovus Trust senior portfolio manager, joins Market Domination hosts Josh Lipton and Julie Hyman to break down what the report tells investors about the company.