Micron Technology, Inc. (MU)
Micron's Stellar Q3 Earnings Ensure More Upside to Its Meteoric Rise
MU's Q3 earnings crushed estimates as AI-driven memory demand, HBM shortages and strong guidance point to continued momentum.
Micron Soars 17%, SanDisk Jumps 15%, Western Digital Climbs 13% After Blowout Quarter Locks In $100B of AI Memory Demand
Shares of Micron Technology (NASDAQ:MU | MU Price Prediction) stock are up 17% in early Thursday trading, changing hands near $1,229.
Wedbush says chip rally has further to run after Micron's blowout quarter
Wedbush has reiterated its bullish stance on technology stocks after Micron Technology Inc (NASDAQ:MU), the US memory chipmaker, delivered a quarter that the broker said should alleviate investor concerns over the sector. Analyst Dan Ives said the results showed the memory and chip trade remained intact and was still in the early stages of playing out, with the artificial intelligence boom only in its third inning.
Micron's record-breaking quarter reveals AI's next trillion-dollar bottleneck
Micron Technology's latest earnings were not just another strong AI-chip result, but a warning that the next big shortage in artificial intelligence may be hiding in memory. The company reported record fiscal third-quarter revenue of $41.5 billion and adjusted profit of $25.11 per share, both comfortably ahead of Wall Street estimates.
Micron stock soars 18% on earnings beat
With the closing bell on June 24 and the quarterly filing that came with it, Micron (NASDAQ: MU) effectively erased its entire stock market loss created with the 13% drop on Monday.
Micron's Jaw-Dropping Earnings Show It Is Leaving Nvidia Behind in the AI Boom
Artificial intelligence has created a handful of corporate winners, but one company has towered above the rest.
Cyprium Metals moves Nifty Copper Complex closer to restart as acid deliveries resume after 20 years
Cyprium Metals Ltd (ASX:CYM, OTCQB:CYPMF) has advanced the Phase 1 Cathode Restart at its Nifty Copper Complex in Western Australia, with work shifting from...
Micron Q3 Earnings Call Highlights Supply Crunch and SCAs
MU's Q3 call highlights AI-driven memory supply constraints, take-or-pay SCAs and a stronger Q4 outlook as management plans heavier spending.
Micron rescues AI trade as blockbuster earnings spark global chip rally
A blockbuster earnings report from Micron Technology (NASDAQ: MU) breathed fresh life into the artificial intelligence trade on Thursday, sending semiconductor stocks surging globally and temporarily easing investor concerns over stretched valuations and the enormous costs associated with building AI infrastructure. Micron shares rose 16% in premarket trading after the company reported record quarterly revenue, record gross margins and record earnings, while also unveiling long-term agreements designed to lock in supplies of its high-bandwidth memory chips.
Micron stock jumps over 16% in premarket trading after blockbuster earnings
Micron soared in premarket trading a day after reporting its third-quarter earnings. The company's revenue quadrupled from $9 billion a year earlier to nearly $42 billion.
Stock Futures Higher as Micron Revives AI Enthusiasm, Oil Hits Prewar Level
U.S. stock futures pointed higher after Micron Technology's expectation-thumping earnings reignited optimism in the AI boom.
Stock Market Today: Micron Earnings Spark Tech Rebound
Earnings from memory maker assuage AI doubts
