| Reversing early strength as a group premarket, shares of MU are active trading higher even as the company warned of continued falling demand for PCs and smartphones and said it was cutting its investments. The did however forecast strong revenue growth in the second half of fiscal 2023 as demand starts to recover early next year. Micron forecast first-quarter revenue of $4.25 billion, plus or minus $250 million, below Wall Street estimates of $5.62 billion, according Refinitiv data. Adjusted revenue for the quarter ended Sept. 1 was $6.64 billion versus analysts' expectations of $6.68 billion.
AMD, MU, NVDA, INTC, AMAT
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