Dow Jones futures rose early Thursday, along with S&P 500 futures and especially Nasdaq futures, following Wednesday’s positive market reaction to a steady Fed rate-cut outlook. Micron Technology (MU) soared overnight on earnings with a Microsoft AI event on tap Thursday.
(Bloomberg) — Micron Technology Inc., the largest US maker of computer memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence hardware. Most Read from Bloomberg Fiscal third-quarter revenue will be $6.4 billion to $6.8 billion, the company said in a statement […]
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, following a positive market reaction to a steady Fed rate-cut outlook. Micron Technology (MU) soared overnight on earnings with a Microsoft AI event on tap Thursday.
Memory-chip maker Micron Technology (MU) late Wednesday crushed Wall Street’s targets for its fiscal second quarter and delivered a surprise profit. It also guided well above views for the current quarter, citing a sales boost from artificial-intelligence infrastructure spending. Micron stock jumped on the news.
Nvidia‘s (NASDAQ: NVDA) Global Technology Conference 2024 (GTC 2024) kicked off on Monday, full of “sizzle and substance” (said Bank of America), but also offering “no big surprises” (according to Morgan Stanley). Investors who had been hoping for more are selling off Nvidia stock modestly today — down 2.2% through 11 a.m. ET — on […]
Fool.com contributor Parkev Tatevosian answers the question of whether investors should buy Micron Technology (NASDAQ: MU) stock before the company reports earnings. *Stock prices used were the afternoon prices of March 12, 2024. The video was published on March 14, 2024. Should you invest $1,000 in Micron Technology right now? Before you buy stock in […]
Fool.com contributor Parkev Tatevosian shares the CEO’s comments and elaborates on what it could mean for Micron Technology (NASDAQ: MU) stock investors. *Stock prices used were the afternoon prices of March 11, 2024. The video was published on March 13, 2024. Should you invest $1,000 in Micron Technology right now? Before you buy stock […]
Top semiconductor stocks are climbing again in Thursday’s daily trading session. Broadcom (NASDAQ: AVGO), Intel (NASDAQ: INTC), and Micron Technology (NASDAQ: MU) were up 3.6%, 3.7%, and 4%, respectively, as of 3 p.m. ET, according to data from S&P Global Market Intelligence. Before the market opened today, Mizuho published a note on Nvidia stock and […]
(Reuters) – Micron Technology has started mass production of its high-bandwidth memory semiconductors for use in Nvidia’s latest chip for artificial intelligence, sending its shares up more than 4% before the bell on Monday. The HBM3E (High Bandwidth Memory 3E) will consume 30% less power than rival offerings, Micron said, and could help tap into […]
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Fool.com contributor Parkev Tatevosian compares ASML (NASDAQ: ASML) and Micron Technology (NASDAQ: MU) to determine which is the better semiconductor stock to buy today. *Stock prices used were the afternoon prices of Feb. 20, 2024. The video was published on Feb. 22, 2024. Should you invest $1,000 in ASML right now? Before you buy stock […]
In today’s video, I discuss recent news impacting Nvidia (NASDAQ: NVDA) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Jan. 12, 2024. The video was published on Jan. 14, 2024. Should you invest $1,000 […]