{"id":998935,"date":"2026-03-20T10:05:21","date_gmt":"2026-03-20T04:35:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=998935"},"modified":"2026-03-23T11:53:37","modified_gmt":"2026-03-23T06:23:37","slug":"micron-forecasts-strong-revenue-on-ai-boom-higher-spending-plan-knocks-shares","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/20\/micron-forecasts-strong-revenue-on-ai-boom-higher-spending-plan-knocks-shares\/","title":{"rendered":"Micron forecasts strong revenue on AI boom; higher spending plan knocks shares"},"content":{"rendered":"<p>Micron Technology forecast third-quarter revenue above Wall Street expectations after posting a sharp jump in the second quarter on booming demand for memory chips used in artificial intelligence systems, while tighter supply drove record earnings. <\/p>\n<p>But its shares fell 5% in extended trading on Wednesday after Micron said it was boosting \u200cits 2026 capital spending \u2060plan \u2060by $5 billion to keep up with the rising demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Micron Technology forecast third-quarter revenue above Wall Street expectations after posting a sharp jump in the second quarter on booming demand for memory chips used in artificial intelligence systems, while tighter supply drove record earnings. But its shares fell 5% in extended trading on Wednesday after Micron said it was boosting \u200cits 2026 capital spending \u2060plan \u2060by $5 billion to keep up with the rising demand.<\/p>\n","protected":false},"author":8,"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-998935","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\/998935","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=998935"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/998935\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=998935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=998935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=998935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}