(MT Newswires) -- Micron (MU), the largest US manufacturer of computer memory chips, posted its biggest rise in over 12 years after giving surprisingly strong sales forecasts, buoyed by demand for artificial intelligence hardware. Micron CEO Sanjay Mehrotra talks about the group's prospects.
Real-time Estimate
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5-day change | 1st Jan Change | ||
118.4 USD | -0.66% | +8.01% | +38.84% |
06:32pm | DBS Bank Adjusts Micron Technology's Price Target to $138 From $125, Keeps Buy Rating | MT |
05-07 | Micron Technology Introduces Crucial LPCAMM2 Laptop Memory Form Factor | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+38.84% | 132B | |
+82.07% | 2,229B | |
+35.24% | 641B | |
+18.33% | 604B | |
+4.07% | 250B | |
+24.30% | 201B | |
+6.96% | 166B | |
-40.64% | 131B | |
+42.13% | 111B | |
+2.00% | 101B |
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- Sanjay Mehrotra, CEO of MICRON: Strongest growth since 2011, encouraging outlook