Type Here to Get Search Results !

Micron overtakes Meta in market value as AI boom fuels rally

Micron Technology's market value soared, briefly surpassing Tesla and exceeding Meta, driven by a robust fourth-quarter forecast and significant AI sector exposure. Investors reacted positively to projected revenue and profit growth, alongside $22 billion in customer commitments for future chip supplies. This surge underscores the increasing demand for memory and storage solutions crucial for AI development and deployment.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hnfNDj8

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad

Below Post Ad

Hollywood Movies