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Is Micron Starting an Nvidia-Style Run? [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations: investors.micron.com
The company's revenue guidance of $33.5 billion for the current quarter is almost equal to its total revenue in the prior fiscal year. That kind of acceleration is similar to what Nvidia experienced early in the data center boom, when exploding demand for artificial intelligence (AI) chips pushed data center revenue sharply higher. Over the last five years, its data center revenue increased by more than 1,000%, driving the stock up roughly 1,220% at the time of writing. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: The Motley Fool. Micron's biggest risk is the cyclical nature of the memory market. Prices can swing quickly, which makes results volatile for Micron and the entire industry. But the growth of physical AI products, such as humanoid robots, might change industry dynamics. If high-ba
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- Micron Technology (MU) a Buy on Strong Memory Products Demand Amid AI Boom [Yahoo! Finance][Yahoo! Finance]
- What the Average Canadian TFSA Looks Like at 50 – and 3 Stocks That Could Help You Catch Up [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Micron, AMD and Broadcom Shares Jump as AI Chip Demand Roars Back [Yahoo! Finance][Yahoo! Finance]
- Micron Backs MATCH Act As Policy Becomes Key To Memory Valuation [Yahoo! Finance][Yahoo! Finance]
- Why Micron Stock Is Surging Today [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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