Tech Earnings

Micron's 'Rosy' Outlook Signals the AI Hardware Boom Is Accelerating

The US chipmaker projects a record $18.7 billion revenue forecast, confirming that demand for AI-critical memory is stripping supply and driving a new semiconductor supercycle.

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Broadcom Shares Slide as Margin Pressures Dampen AI Euphoria

Despite reporting record revenues and a doubling of AI chip sales, Broadcom (AVGO) stock tumbled 11% as investors reacted to dipping margins and growing 'AI angst' in the semiconductor sector.

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