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Micron’s stock skids as AI momentum doesn’t make up for pressures elsewhere
The memory-chip company cited weakness in consumer-facing markets but momentum in higher-margin areas and those levered to AI.MarketWatch - 8h -
Micron shares plunge on weak second-quarter guidance
Micron shares plunged in extended trading after the chipmaker issued weaker-than-expected second-quarter guidance.CNBC - 11h -
Micron Shares Slide After Quarterly Outlook Misses Estimates
Memory-chip maker swung to a profit and posted higher revenue in its fiscal first quarter, though shares fell after the company’s outlook missed estimates.The Wall Street Journal - 11h -
Why Micron’s stock could be poised for a post-earnings gain — with one catch
One analyst is “very bullish” on Micron’s stock ahead of what could be a mixed report on Wednesday. But he cautioned that a post-earnings stock bump might not last long.MarketWatch - 1d