Micron rises 19% on AI-driven forecast, fuels chip stock rally
- Posted on September 26, 2024
- By Business News Today
- 1 Views
Micron rises 19% on AI-driven forecast, fuels chip stock rally
Micron Technology surged close to 19% on Thursday, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for the hardware used to power generative AI technology.