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Micron Gives Bullish Forecast, Warns on Margins

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Micron Technology Inc. gave an upbeat forecast for the current quarter, fueled by the AI building frenzy, though the chipmaker warned that rising compensation would weigh on profit margins. Bloomberg Intelligence's Jake Silverman has more.

Micron Technology Inc. gave an upbeat forecast for the current quarter, fueled by the AI building frenzy, though the chipmaker warned that rising compensation would weigh on profit margins. Bloomberg Intelligence's Jake Silverman has more. (Source: Bloomberg)
Margins Micron Technology Inc. (ORG) AI (ORG) Bloomberg Intelligence's (ORG) Jake Silverman (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Technology Read original →