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- Indexed articles, last 90 days
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- Oct 1, 2026
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- Jul 22, 2026
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Micron's AI-fueled revenue forecast blows past estimates, backlog swells (opens the original)
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Sept 30 (Reuters) - Micron Technology forecast quarterly revenue above estimates on Wednesday and said customers had increased commitments under its long-term supply agreements to $32 billion, signaling unabated demand for AI memory chips. The company's stock has more than tripled so far this year, propelling it into the $1 trillion valuation club in May on optimism about its AI-driven growth prospects. Shares ticked up less than 1% in extended trading on Wednesday. The generative AI boom has
Micron's AI-fueled revenue forecast blows past estimates, backlog swells (opens the original)
Read excerpt
Sept 30 — Micron Technology forecast quarterly revenue above estimates on Wednesday and said customers had increased commitments under its long-term supply agreements to $32 billion, signaling unabated demand for AI memory chips. The company's stock has more than tripled so far this year, propelling it into the $1 trillion valuation club in May on optimism about its AI-driven growth prospects. After rising more than 1% in extended trading earlier on Wednesday, its shares were last down margin
Micron's AI-fueled revenue forecast blows past estimates, backlog swells - AOL (opens the original)
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Sept 30 (Reuters) - Micron Technology forecast quarterly revenue above estimates on Wednesday and said customers had increased commitments under its long-term supply agreements to $32 billion, signaling unabated demand for AI memory chips. The company's stock has more than tripled so far this year, propelling it into the $1 trillion valuation club in May on optimism about its AI-driven growth prospects. Shares ticked up less than 1% in extended trading on Wednesday. The generative AI boom has ma
Nvidia boosts share buyback by record $150 billion as AI boom fuels growth (opens the original)
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Sept 28 — Nvidia boosted its share buyback authorization by a record $150 billion, eclipsing Apple's $110 billion approval in 2024, as the chip giant's stock trades near its lowest earnings multiple in more than a decade. Shares of Santa Clara, California-based Nvidia rose nearly 2%. The stock has gained more than 20% this year through Friday's close. The additional authorization lifts Nvidia's remaining buyback capacity to $235 billion, which it expects to use through fiscal 2028, as surgi
Nvidia boosts share buyback by record $150 billion as AI boom fuels growth - AOL (opens the original)
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Sept 28 (Reuters) - Nvidia boosted its share buyback authorization by a record $150 billion, surpassing Apple's $110 billion approval in 2024, as the chip giant's stock trades near its lowest valuation in more than a decade. Shares of Santa Clara, California-based Nvidia rose more than 3% in early trading. The stock has gained more than 20% this year through Friday's close. The additional authorization lifts Nvidia's remaining buyback capacity to $235 billion, which it expects to use through fis
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