Micron Gains, Qualcomm Up, Alibaba Falls
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong.- Qualcomm forecast sales of more than $15 billion a year by fiscal 2029 in the booming market for AI components in data centres.- Anthropic accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial…
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