Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ - Micron issues optimistic forecast and beats revenue expectations, German and Austrian chip stocks surge

BUZZ - Micron issues optimistic forecast and beats revenue expectations, German and Austrian chip stocks surge

路透社路透社2026/10/01 06:11
Show original

- ** Shares of German and Austrian semiconductor companies rose in premarket trading after memory chip maker Micron Technology MU.O forecasted (link) first-quarter revenue above expectations and fourth-quarter revenue that exceeded market forecasts

** A local trader said that Micron gave an optimistic outlook for AI memory demand and described its fourth-quarter performance as “strong”

** “The market is optimistic towards power management and technology stocks related to artificial intelligence,” the trader added

** Shares of Suss MicroTec SMHNn.DE and AT & S ATSV.VI rose by 2.5% and 3%, respectively

** Siltronic (WAFGn.DE), Aixtron (AIXGn.DE), and Infineon (IFXGn.DE) saw gains between 1.5% and 2%

** Both Aixtron and Infineon led their respective indexes: the German mid-cap index MDAXI and the blue-chip index .GDAXI


(To assist non-English speakers, Reuters automatically translates its reports into several other languages. Since automated translation may contain errors or may not capture the desired context, Reuters does not guarantee the accuracy of the automated translation text, and it is provided solely for reader convenience. Reuters accepts no responsibility for any damage or loss arising from the use of the automated translation function.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Foreign capital accelerates withdrawal, Indian stock market faces "the worst consecutive decline in twenty-five years"!

Foreign investors are accelerating their sell-off of Indian stocks — with a net sale of approximately $1.06 billion on Wednesday alone, significantly higher than the previous five-day average of around $720 million. Year-to-date net sales have reached $27.8 billion, setting a new historical record. Meanwhile, if the Nifty 50 and Sensex close lower this week, it will mark the longest consecutive weekly decline in 25 years. The market closure on Friday has further heightened investor caution, and there will be some pressure for position adjustments when trading resumes next week.

华尔街见闻•2026/10/01 07:36