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(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 ...
(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.
August 8, 2024 at 2:11 PM. Shares of Micron Technology (NASDAQ: MU) popped on Thursday, jumping as much as 6.5%. As of 1:52 p.m. ET, the stock was still up 6.5%. The catalyst that sent the memory ...
Micron's post-earnings share price decline was due to its fiscal Q4 financial forecast failing to impress Wall Street. The company estimated Q4 revenue to come in around $7.6 billion, which is a ...
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand.
Micron Technology said it will invest up to 500 billion yen ($3.6 billion) in Japan for the next few years with support from the Japanese government to up its game in next-generation memory chips ...
Micron currently offers eight-layer HBM, and has started sampling 12-layer HBM. BY THE NUMBERS Micron raised its 2024 capex forecast to about $8 billion, up from its earlier forecast of $7.5 ...
(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 ...
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