Micron Earnings Powers Up Chip Sector
Micron Technology(MU) Schaeffers Investment Research·2024-09-26 23:27
Semiconductor stock Micron Technology Inc (NASDAQ:MU) is soaring today and taking the rest of the sector with it. The chipmaker reported better-than-expected fiscal fourth-quarter results and an upbeat current-quarter revenue forecast, with help from growing artificial intelligence (AI) demand. MU was last seen up 17.2% to trade at $112.36. Advanced Micro Devices Inc (NASDAQ:AMD) stock is up 3.3% to trade at $167.30 at last glance, on track for a fourth-straight win and trading at its highest levels since J ...