Micron Technology reported record quarterly revenue as data center sales more than doubled year-over-year on AI-driven demand ...

The memory chipmaker has continued to deliver strong growth, especially in artificial intelligence (AI) and the data center.

(Reuters) -Micron shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results powered by the AI ...

Micron's (MU, Financials) fiscal Q3 results pointed to a sharp acceleration in demand for AI memory components and Nvidia was ...

Micron Technology (MU) is benefiting from the rise of artificial intelligence (AI) and other compute-intensive technologies, ...

Micron Technology, Inc. MU will report its third-quarter fiscal 2025 results on June 25, after market close, and expectations ...

Chipmaker Micron's shares surge as AI boom drives strong forecast By Arsheeya Bajwa and Harshita Mary Varghese March 20, 2024 11:00 PM UTC Updated March 20, 2024 ...

Micron Technology (MU) surged nearly 19% on Thursday, leading a wave of gains across semiconductor stocks after its impressive earnings report and strong revenue forecast. The company’s high ...

Micron has a 12-month forward price-to-earnings ratio of 17.07, compared with AI darling Nvidia's 40.22 and the industry median of 23.46, according to LSEG data.

With HBM memory in short supply and NVIDIA driving relentless AI demand, Micron’s pricing leverage for these premium products is likely to be a major DRAM revenue booster in the third quarter ...