Micron Crushes Expectations with Record AI-Driven Quarter
Micron Technology delivers stunning Q1 results and forecasts Q2 revenue of $18.7B, far exceeding $14.2B estimates, driven by booming AI chip demand and supply shortages.
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Microsoft Cuts AI Sales Targets After Teams Miss Goals
MSFT stock slid over 2% after a report claimed sales teams missed growth goals for Azure Foundry, an AI platform. Microsoft refuted the claim, denying lowered quotas.
Memory Chip Stocks Surge on Samsung Pricing Delay and Supply Tightness
Memory chip stocks rally in premarket trading as Samsung delays DDR5 pricing amid tripling spot prices, signaling tight supply and stronger margins ahead.