Micron sliding lower on disappointing Q2 forecast
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Micron Technology (MU) shares continue to slide in Thursday's pre-market trading after its fiscal second quarter revenue guidance disappointed Wall Street investors. The AI chipmaker's revenue came in line while topping profit estimates in its first quarter.
Seana Smith and Brad Smith report more on Micron's stock moves and what it represents for the AI semiconductor and smartphone landscapes.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Luke Carberry Mogan.
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