Micron overtakes Nvidia and Meta to be Wall Street's new margin king

On Monday, AI leaders powered higher. Not this morning.

(Bloomberg) -- A measure of calm returned to equity markets after a selloff in top-performing technology names, with Micron Technology Inc.’s earnings taking on added significance…

Here are five key things investors need to know to start the trading day.

Sentiment was 11/10 ahead of the earnings and it deservedly so, with the company reporting blowout results and guiding sharply higher.

Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.

Micron Technology crushed Q3 estimates with $41.5B in revenue and guided Q4 to $50B, far above consensus, lifting US stock futures on renewed AI confidence.

SEOUL/MILAN, June 25 : Global chip stocks surged on Thursday after Micron Technology’s blockbuster results reignited the AI-driven rally, lifting tech shares from Seoul to…

Micron overtakes Nvidia and Meta to be Wall Street's new margin king

Micron Technology's blowout Q3 results sent the Nikkei up over 2.5% and boosted Samsung and SK Hynix shares as AI-driven HBM demand reshapes the memory chip

Micron overtakes Nvidia and Meta to be Wall Street's new margin king.

Micron reported $41.46B in fiscal Q3 revenue, crushing estimates and sparking a 15% stock surge. Asian chipmakers SK Hynix and Samsung rallied in response.

(Bloomberg) -- A rally in chipmakers lifted stocks as Micron Technology Inc.’s blowout outlook bolstered confidence in the artificial-intelligence trade, with the market also…

Memory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge. Strong fourth-quarter revenue and…

Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a strong AI-fueled rally. The memory chip giant's robust fourth-quarter forecasts,…

(Bloomberg) -- A rally in chipmakers lifted stocks as Micron Technology Inc.’s blowout outlook bolstered confidence in the artificial-intelligence trade, with the market also…

Tech stocks jump as strong results ease concerns over AI spending

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Micron had a "drop the mic" quarter, Dan Ives said. Others called it a restructuring of how Wall Street will price the AI trade for years to come.

Micron briefly surpassed Meta and Tesla in market capitalisation, driven by robust AI infrastructure demand and stronger-than-expected guidance fueling investor optimism.