Micron jumps 16% after AI-driven forecast tops Wall Street
What's new: Micron projected fiscal fourth-quarter revenue of about $50 billion, far above the $43.2 billion analysts expected.
Bloomberg, The Business Times (Singapore)
What's new: Micron projected fiscal fourth-quarter revenue of about $50 billion, far above the $43.2 billion analysts expected.
What's next: The chipmaker forecast about $50 billion in current-quarter revenue, well above analyst estimates of $43.58 billion.