{"id":760440,"date":"2026-06-25T15:20:12","date_gmt":"2026-06-25T15:20:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/760440\/"},"modified":"2026-06-25T15:20:12","modified_gmt":"2026-06-25T15:20:12","slug":"tech-stocks-live-ai-memory-trade-roars-back-after-micron-earnings-crush-estimates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/760440\/","title":{"rendered":"Tech stocks live: AI memory trade roars back after Micron earnings crush estimates"},"content":{"rendered":"\n

Micron’s (MU<\/a>) third quarter earnings on Wednesday delivered a powerful signal to AI trade skeptics, lifting the chipmaker’s stock 17% in premarket trading and buoying the broader markets. <\/p>\n

Micron beat analysts’ expectations on the top and bottom lines and surpassed estimates for the company’s Q4 revenue outlook. Micron also declared a quarterly dividend of $0.15 per share. <\/p>\n

Overall, tech stocks whipsawed on Thursday. Apple stock (AAPL<\/a>) fell more than 4% after the company said it was raising prices on iPads and MacBooks<\/a> due to the memory shortage but kept iPhone prices the same. That weighed on the Nasdaq Composite (^IXIC<\/a>), which turned lower. <\/p>\n

On the semiconductor front, IBM (IBM<\/a>) stock rose after the company said it could produce chips smaller than 1 nanometer. Qualcomm (QCOM<\/a>) also surged after the company raised its non-handset revenue target to $40 billion by fiscal year 2029. <\/p>\n

Meanwhile, shares of Alibaba (BABA<\/a>) fell to a 16-month low after Anthropic (ANTH.PVT<\/a>) sent a letter to several senators and White House officials, accusing the company of “illicitly” accessing its AI model. <\/p>\n","protected":false},"excerpt":{"rendered":"Micron’s (MU) third quarter earnings on Wednesday delivered a powerful signal to AI trade skeptics, lifting the chipmaker’s…\n","protected":false},"author":2,"featured_media":760441,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,49,48,6300,3098,27200,143091,271004,61],"class_list":["post-760440","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-canada","tag-micron","tag-nasdaq-composite","tag-premarket-trading","tag-quarterly-dividend","tag-revenue-outlook","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/760440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=760440"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/760440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/760441"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=760440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=760440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=760440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}