Micron expected to rise further from 2011 as AI growth improves outlook | Top Vip News

[ad_1] (Bloomberg) — Micron Technology Inc., the largest U.S. maker of computer memory chips, is on track for its biggest profit in more than 12 years after offering a surprisingly strong revenue forecast for the current quarter, boosted by the demand for artificial intelligence hardware. Bloomberg’s Most Read Fiscal third-quarter revenue will be between $6.4 … Read more

Micron Stock Jumps in Second Quarter | Top Vip News

[ad_1] Memory chip manufacturer Micron technology (MU) on Wednesday night crushed Wall Street’s targets for its fiscal second quarter and posted a surprise profit. It also guided the outlook much higher for the current quarter, citing an increase in sales due to spending on artificial intelligence infrastructure. Micron shares rose on the news. x The … Read more