Micron Technology is a leading global provider of advanced semiconductor solutions, specializing in memory and storage products. The company designs and manufactures dynamic random-access memory (DRAM) and NAND flash memory, which are essential components used in various electronic devices, including smartphones, computers, data centers, and automotive applications. By delivering innovative and high-performance memory solutions, Micron plays a crucial role in supporting the growing demand for data storage and processing capabilities in an increasingly digital world. Additionally, they engage in research and development to advance technology and improve product efficiency, making significant contributions to the evolution of the semiconductor industry. Read More
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Thursday as we examine the latest happenings in today's session.
Micron Technology Inc (NASDAQ:MU) shares are in the spotlight Thursday following the company's fiscal third-quarter results. Multiple analysts boosted price targets following the print.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Thursday to find the gap up and gap down stocks in today's session.
Memory chips maker Micron (NYSE:MU) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 36.6% year on year to $9.30 billion. On top of that, next quarter’s revenue guidance ($10.7 billion at the midpoint) was surprisingly good and 7.2% above what analysts were expecting. Its non-GAAP profit of $1.91 per share was 19% above analysts’ consensus estimates.
Wall Street has gotten more bullish on Micron’s stock after its Q3 results, citing AI-chip demand fueled by data center growth and improved margins as key performance drivers.
During Micron Technology Inc.'s (NASDAQ: MU) third quarter results, the company's CEO, Sanjay Mehrotra, warned investors that not all of the AI-fueled demand surge may be sustainable.
The company’s data center revenue more than doubled year-over-year and reached a quarterly record, and consumer-oriented end markets had strong sequential growth.
Memory chips maker Micron (NYSE:MU) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 36.6% year on year to $9.30 billion. On top of that, next quarter’s revenue guidance ($10.7 billion at the midpoint) was surprisingly good and 7.2% above what analysts were expecting. Its non-GAAP profit of $1.91 per share was 18.9% above analysts’ consensus estimates.
