Micron Technology shares surged nearly 19% after a strong revenue forecast, potentially adding over $19 billion to its market value. The rising prices of high-bandwidth memory chips are expected to boost margins. This news also sparked gains for major chip companies like Nvidia and Intel. Take a look at this report for more.

Micron Shares Soar on Strong Outlook

Micron predicts a hit to revenues from China's decision to ban the sale of its products to critical Chinese businesses. Where the US chipmaker got nearly 11% of its revenue from mainland China in its last fiscal year reports suggest that this is a fallout from the latest Sino-American trade dispute. Shares of Micron dropped as much as five percent that's the highest in over seven weeks and falls by 30% this year.

Micron predicts revenue hit from China's ban

Micron Technology shares headed higher after the memory chip company posted strong results, while providing better-than-expected forecasts for the current quarter.

Micron shares rise on strong quarter 1 results

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Micron Shares Soar on Strong Outlook

Micron predicts revenue hit from China's ban

Micron shares rise on strong quarter 1 results