Micron shares fell significantly as the chipmaker's revenue forecast for the current quarter failed to meet high expectations driven by AI demand surge. Despite beating earnings, the outlook disappointed investors, leading to a 5-6% drop in share value.
Micron shares dropped 6% in premarket trading Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI demand surge. https://t.co/C8zGrKp1t5
Micron, the largest US maker of computer memory chips, dropped after its forecast disappointed investors seeking a bigger payoff from artificial intelligence mania https://t.co/Hh8RFTwjRI https://t.co/6SqDXdq9pr
Shares of #Micron are down sharply after the chipmaker's guidance overshadowed better-than-expected quarterly results.
Micron shares dropped 6% in premarket trading after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI demand surge. https://t.co/JQMCGcrIMq
#MICRON FALLS 5% DESPITE EARNINGS BEAT, AS OUTLOOK DISAPPOINTS LOFTY, AI-DRIVEN WALL STREET HOPES $MU
$MU (-4.8% pre) Micron shares slide after revenue forecast fails to top estimates - CNBC https://t.co/A4Rx0Qu4Tp
MICRON FALLS 5% DESPITE EARNINGS BEAT, AS OUTLOOK DISAPPOINTS LOFTY, AI-DRIVEN WALL STREET HOPES $MU
⚠️ JUST IN: *MICRON FALLS 5% DESPITE EARNINGS BEAT, AS OUTLOOK DISAPPOINTS LOFTY, AI-DRIVEN WALL STREET HOPES $MU https://t.co/smt82eLkiU
Micron tumbles as AI revenue surge falls short of lofty expectations https://t.co/WYWKfdVPtG https://t.co/zvtjqgF4jk
#Micron shares drop after forecast fails to meet lofty expectations https://t.co/KDUfHqB2pv