Micron shares slide after revenue forecast fails to top estimates

Micron shares slide after revenue forecast fails to top estimates

Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024.  Brendan Mcdermid | Reuters Micron shares fell about 5% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on … Read more

Micron stock pops 14% on earnings beat driven by AI boom

Micron stock pops 14% on earnings beat driven by AI boom

The Micron Technology headquarters in Boise, Idaho, on March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Shares of Micron popped more than 14% in extended trading on Wednesday after the company announced second-quarter fiscal 2024 results that beat analysts and offered rosy guidance. The company, which makes memory and storage for computers, said … Read more