✉news BusinessFinance first seen 22 h ago, last 9 h ago, peak #11
Micron beats Q4 estimates and gives strong Q1 outlook
Original: Micron tops Q4 estimates on top and bottom lines, offers strong Q1 outlook
Micron Technology reported fiscal fourth-quarter results that beat Wall Street expectations on both revenue and earnings, and the memory chipmaker issued a first-quarter outlook above forecasts. The strong guidance points to continued demand for its memory products, and investors and analysts are weighing what the results signal for the broader semiconductor sector.
Why now: The earnings beat and upbeat guidance came with the company's report, prompting investor reaction and debate about chip demand.
Rank over time, top of the chart is #1. 13 snapshots from 22 h ago to 9 h ago.
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