Discover how Micron Technology's stock performance in Q3 has been a wild ride! ๐ข #MicronStock #Earnings
Micron Technology, Inc. (NASDAQ: MU) recently unveiled its third-quarter earnings, causing a stir in the market. Despite beating revenue estimates and showcasing a 50% growth in data center revenue driven by AI chip demand, Micron's stock experienced a downturn. Investors were taken aback by the conservative revenue forecast, leading to a decline in stock value. The rollercoaster journey continued as Micron reported better-than-expected financial results but faced disappointment from profit and revenue outlooks. Technology shares, including Micron, saw a slump despite the company's positive performance in the quarter. The conflicting reactions to Micron's Q3 results depict the volatile nature of the stock market and investor sentiment.
Micron Technology, Inc. (NASDAQ:MU) is set to release earnings results for its third quarter, after the closing bell on Wednesday. Analysts expect the Boise ...
Memory-chip maker Micron Technology (MU) late Wednesday handily beat Wall Street's targets for its fiscal third quarter. But it disappointed investors with ...
Investors may have wanted to see more upside given the recent move higher in Micron shares.
Micron reported better-than-expected results on Wednesday, but the stock declined on a forecast that was only in line with estimates.
Micron Technology beat estimates for third-quarter revenue on Wednesday driven by strong demand for its memory chips, but its current-quarter forecast ...
Technology shares are losing ground despite the memory chip company reporting better-than-expected financial results for the quarter.
Micron shares tumbled in extended trading Wednesday after the company reported third-quarter profit that missed analysts' estimates and offered soft revenue ...
AI demand drives 50% sequential data center revenue growth and record high data center revenue mixBOISE, Idaho, June 26, 2024 (GLOBE NEWSWIRE) -- Micron ...
Investing.com - Micron (NASDAQ: MU) reported third quarter EPS of $0.62, $0.14 better than the analyst estimate of $0.48. Revenue for the quarter came in at ...
Still, despite the post-earnings selloff, Micron bulls saw reason to cheer as they examined how high-bandwidth memory โ a technology that's proving important ...
Updated at 9:05 AM EDT. Micron Technology shares moved lower in early Thursday trading after the AI memory chip maker issued a tepid profit forecast, ...
MU stock fell overnight despite beating earnings and revenue estimates, as bullish traders took profits and blamed guidance.
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