Micron Technology (MU) reported Q1 income of $13.64B (up 57% yr over yr) and non-GAAP EPS of $4.78 beating estimates by 21%. Looking forward, Micron set Q2 steering at $18.70B income and $8.42 EPS, pushed by sold-out HBM merchandise commanding premium pricing and 68% non-GAAP gross margins. Middle East geopolitical tensions and revenue taking are…
Micron (MU) traders took some income, sending shares of the reminiscence chip maker down 4% in Wednesday afternoon buying and selling. But the day’s transfer did little to dent a formidable run within the stock this month. Micron shares are up 40% for the reason that starting of April, as traders have grown bullish on…
ASML Holding (NASDAQ: ASML) is a man-made intelligence (AI) bellwether, as its excessive ultraviolet lithography machines are the one ones that allow foundries, reminiscence producers, and built-in system producers to print superior chips for a number of AI purposes. The chips manufactured utilizing ASML’s machines are deployed in smartphones, private computer systems, and knowledge facilities,…