Nvidia shares slump 3% in premarket as quarterly revenue growth slows [CNBC]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: CNBC
Despite nearly doubling sales year-on-year, Nvidia's third-quarter results show a slowdown from previous quarters. Analysts are looking ahead to the launch of Nvidia's next-generation Blackwell chip — which CEO Jensen Huang said is getting more demand than units that the company can supply. Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant's third-quarter earnings failed to impress investors. Shares of the chipmaker slumped 3.21% at around 5:03 a.m. ET, following the Wednesday release of Nvidia's quarterly results, which beat on both the top and bottom lines Revenue came in at $35.08 billion, up 94% year-on-year and exceeding the $33.16 billion forecast by LSEG analysts. Earnings per share was 81 cents adjusted, also above analyst expectations. Other chipmakers fell on the back of the market reaction to Nvidia's third-quarter results. Shares of Intel Qualcomm and Micron Technology all lost 1% or more in value, while AMD declined 0.6%. Nvidia ha
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News
- Micron Technology to Report Fiscal First Quarter Results on December 18, 2024 [Yahoo! Finance]Yahoo! Finance
- Micron Technology to Report Fiscal First Quarter Results on December 18, 2024GlobeNewswire
- Micron (MU) Stock Moves 0.65%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Here's Why Micron Technology (MU) Detracted in Q3 [Yahoo! Finance]Yahoo! Finance
- Is Micron Technology, Inc.'s (NASDAQ:MU) Stock Price Struggling As A Result Of Its Mixed Financials? [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 9/25/24 - Beat
MU
Sec Filings
- 10/30/24 - Form 8-K
- 10/23/24 - Form 4
- 10/22/24 - Form 4
- MU's page on the SEC website