Micron stock jumps over 16% in premarket trading after blockbuster earnings

The company's revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday

KOSPI spikes over 5%, briefly topping 9,000 level again on chip rally after Micron earnings

South Korean stocks soared by more than 5 percent Thursday, briefly topping the 9,000-point level again, driven by a tech rally ignited by US chip giant Micron Technology's expectation-beating earnings report. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index gained 459.28 points, or 5.42 percent, to close at 8,930.30, following a 3.26 percent gain the previous day. The index briefly topped the 9,000-point threshold, rising as high as 9,044.04. Finishing

By The Korea Herald

Micron posts record results on surging AI chip demand

American memory chip manufacturer Micron Technology on Wednesday reported record quarterly results, driven by demand from data centers dedicated to artificial intelligence (AI). T...