Micron Earnings Boosted by Data Center Sales and DRAM Shipments for the Cloud.

Memory chip maker Micron reported better than expected earnings after the close Monday boosted by data-center sales growing over 70% year over year from cloud demand and the resurgence of enterprise IT investment. Strong DRAM bit shipments for the cloud, graphics, PC and notebook, 5G and automotive markets continued. Micron DRAM memory density Micron Technology, Inc. NASDAQ: MU Reported Earnings After Close Monday $2.16 Beat $2.10 EPS Forecast and $7.69 Beat $7.68 billion forecast in revenue Earnings Q1 2022 results … Continue reading “Micron Earnings Boosted by Data Center Sales and DRAM Shipments for the Cloud.”

Micron Earnings Beat on DRAM Bit Shipments But Lowers Guidance on Chip and China Headwinds

Memory chip maker Micron reported better than expected earnings after the close Tuesday but lowered guidance sending $MU 4% lower. Strong DRAM bit shipments for the cloud, graphics, PC and notebook, 5G and automotive markets was anticipated.

Micron Earnings Higher From DRAM and NAND Memory Chips, To Invest about $9 billion in Capex in 2021

Memory chip maker Micron reported stronger earnings after the close Wednesday. Both business lines, DRAM and NAND memory chips exceeded forecasts. $AMD has been trying to recover from near their six months lows with the technology selloff.

Micron Earnings Hit By Huawei Ban But Beats Lowered Expectations

Memory chip maker Micron reported better than experted earnings and revenues after the close Tuesday. $MU had scaled back its forecasts on DRAM and NAND memory chips. Last week JP Morgan slashed its price target on the chipmaker due to Huawei ban.  

Micron Earnings Beat Expectations, Lowers Capital Expenditure

Memory chip maker Micron reported better than expected earning and revenues after the close Wednesday. $MU had scaled back its forecasts on DRAM and NAND memory chips. $MU was up 8.6% on the news and is now up more than 37% for 2019.

Micron Beats Earnings With Record Revenue But Tariffs Cloud Outlook

Memory chip maker Micron reported better than expected earning and revenues after the close Thursday. Revenues jumped 38% year-on-year to a record high of $8.44 billion with diverse demand growth. $MU reversed an intial 4% gain to a 7% loss in after hours. 

NVidia $NVDA Earnings Ahead, Machine Learning, AI, Gaming Graphics

Market darling and high-performance graphics chip pioneer NVidia $NVDA reports fiscal Q2 earnings after the market close on Thursday. Product lines include, data centers, artificial intelligence, digital currencies, machine learning and self-driving cars.