Similar Stories to After 5 Quarters Of Losses, One Chipmaker Is Finally Reaping The Benefits Of Nvidia's Ai Chip Boom on Bing News

Micron surged over 15% after strong revenue and profit forecasts driven by AI spending.Igor Golovniov/SOPA Images/LightRocket via Getty ImagesMicron surged over 15% after strong revenue and profit forecasts driven by AI spending.The chipmaker's Q4 revenue hit $7.75 billion, nearly double last year's fourth-quarter performance.Other chip stocks also rallied on Thursday after Micron's revenue guidance.Micron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial intelligence spending.The US chipmaker's revenue in the quarter that ended August 29 was $7.75 billion, nearly double of what it saw during the same time last year.

BING NEWS:
  • After 5 quarters of losses, one chipmaker is finally reaping the benefits of Nvidia's AI chip boom
    Micron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial intelligence spending.
    09/26/2024 - 10:40 pm | View Link
  • One chipmaker is finally reaping the benefits of Nvidia's AI chip boom
    Micron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial intelligence spending.
    09/26/2024 - 9:47 pm | View Link
  • Nvidia CEO Says Chipmaker Is Seeing ‘Incredible’ Demand, Sending Stock Higher Wednesday
    Nvidia shares surged Wednesday after CEO Jensen Huang said the chipmaker is seeing "incredible" demand. “Everything is sold out,” Huang said, as customers clamor for Nvidia’s products to support ...
    09/11/2024 - 10:46 am | View Link
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