{"id":827057,"date":"2024-06-28T10:09:10","date_gmt":"2024-06-28T04:39:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=827057"},"modified":"2024-06-28T10:09:10","modified_gmt":"2024-06-28T04:39:10","slug":"micron-tumbles-as-ai-revenue-surge-falls-short-of-lofty-expectations","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/28\/micron-tumbles-as-ai-revenue-surge-falls-short-of-lofty-expectations\/","title":{"rendered":"Micron tumbles as AI revenue surge falls short of lofty expectations"},"content":{"rendered":"<p>Micron shares fell 5% in early trading on Thursday after the memory chipmaker&#8217;s quarterly revenue forecast failed to impress investors looking for outsized results powered by the AI boom.<\/p>\n<p>The company, one of the few providers of high-bandwidth memory (HBM) chips that power advanced AI systems, has said it had &#8220;sold out&#8221; those chips for this year and the next, driving up expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Micron shares fell 5% in early trading on Thursday after the memory chipmaker&#8217;s quarterly revenue forecast failed to impress investors looking for outsized results powered by the AI boom. The company, one of the few providers of high-bandwidth memory (HBM) chips that power advanced AI systems, has said it had &#8220;sold out&#8221; those chips for this year and the next, driving up expectations.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-827057","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=827057"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/827057\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=827057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=827057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=827057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}