close
close

Gottagopestcontrol

Trusted News & Timely Insights

    • Memory Chips

    Micron drives chip stock rally as AI demand impacts revenue forecast
    Massachusetts

    Micron drives chip stock rally as AI demand impacts revenue forecast

    By Arsheeya Bajwa (Reuters) – Micron Technology shares rose 15 percent in premarket trading on Thursday, leading a rally in chip stocks after the company’s strong sales forecast signaled robust demand for semiconductors used to power generative AI technology. The…

    Posted on Idris Bevan
    Micron’s results could reveal an AI winner trading at a discount
    Enterprise

    Micron’s results could reveal an AI winner trading at a discount

    (Bloomberg) — Micron Technology Inc. is likely the latest chipmaker to reassure investors that demand for AI devices remains strong. Like many of its rivals, the company may also acknowledge that demand remains weak in other core areas such as…

    Posted on Idris Bevan

    ads