Micron Technology’s shares dropped 8% on Friday after the company issued a disappointing margin forecast, overshadowing strong quarterly revenue expectations driven by growing demand for its...
Etiket: Revenue Forecast
Micron Forecasts Strong Revenue Growth Driven by High AI Memory Chip Demand
Micron Technology (MU.O) has forecasted a robust third-quarter revenue, exceeding Wall Street estimates, driven by growing demand for its high-bandwidth memory (HBM) chips crucial to artificial...
Adobe’s AI Monetization Struggles Lead to Dull Forecast, Shares Drop
Adobe (ADBE.O) has projected its second-quarter revenue to fall within Wall Street’s expectations, but it is facing challenges in the monetization of its artificial intelligence (AI)...