(Reuters) -Chipmaker Micron Technology beat estimates for third-quarter revenue on Wednesday, driven by a surge in demand for its memory chips from the booming AI industry and improved pricing in other markets. However, shares of the Idaho-based firm fell 7.2% in extended trading after it forecast fourth-quarter revenue largely in line with expectations. Investors had […]
By Jaspreet Singh (Reuters) -Applied Materials forecast third-quarter results above Wall Street estimates on Thursday, following strong demand for its semiconductor tools, but failed to meet lofty investor expectations. The company’s shares, which have rallied about 32% so far this year, fell about 1.2% in extended trading. Applied Materials has benefited from growing demand for […]
Manitowoc Public School District teachers and students have done it again! Based on preliminary third-quarter reading scores, we have another record-breaking quarter in the increased number of students reading at grade level. While one would expect 100% of students reading at grade level, that was not the case a year ago. Only 30% of MPSD students […]
(Reuters) – Microchip Technology on Monday forecast a further drop in its third-quarter revenue, citing lower shipment levels and a weak economy. Shares of the company fell 4.1% in trading after the bell. The company now sees revenue for the quarter ended December to be down about 22% sequentially, compared to its previous outlook of […]