Dollar Tree Misses Estimates; Meta to Spend on AI Infrastructure; Micron Closes Purchase Tongluo P5 Site
On this episode of Stock Movers:- Dollar Tree (DLTR) forecast net sales for the full year; the guidance missed the average analyst estimate.- Meta Platforms (META) will pay as much as $27 billion over the next five years for access to cutting-edge artificial intelligence infrastructure from cloud provider Nebius Group NV as it spends aggressively to compete with the industry’s top frontier models.- Micron Technology (MU) announced it has completed the acquisition and assumed ownership of Powerchip Semiconductor Manufacturing Corporation's P5 site in Tongluo, Miaoli County, Taiwan, under…
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