Micron stock declines after forecast fails to meet lofty AI spending expectations

Micron stock declines after forecast fails to meet lofty AI spending expectations

Micron’s fiscal fourth-quarter sales will be US$7.4 billion to US$7.8 billion, the company said in a statement on Wednesday. While the average analyst estimate was US$7.58 billion, some projections were above US$8 billion. Profit will be about US$1.08 a share, minus certain items, versus a projection of US$1.02. Though Micron is getting a boost from … Read more

US memory chip maker Micron soars after AI growth boosts revenue forecast

US memory chip maker Micron soars after AI growth boosts revenue forecast

Micron Technology, the largest US maker of memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence (AI) hardware. Revenue for its financial third quarter will be US$6.4 billion to US$6.8 billion, Micron said in a statement on Wednesday. That compares with … Read more

3 killed, 9 injured in hangar collapse at Boise airport, officials say

3 killed, 9 injured in hangar collapse at Boise airport, officials say

A hangar under construction on the grounds of the airport in Boise, Idaho, collapsed Wednesday, killing three people and injuring nine more, officials said. Authorities responded at about 5 p.m. local time to a private business located at the Boise Airport for a steel framed hangar that collapsed, Boise Fire Department Operations Chief Aaron Hummel … Read more

TSA expands its PreCheck program

TSA expands its PreCheck program

FILE: An Alaska Airlines plane takeoff from SFO in June 2023. Tayfun CoSkun/Anadolu Agency via Getty Images In the latest airline news, new construction at San Francisco International could delay flights for months, the airport warns; Alaska Airlines is boosting checked bag fees; regional carrier JSX orders hundreds of hybrid-electric planes to expand service to smaller … Read more

Another popular SFO airline is increasing checked bag fees

Another popular SFO airline is increasing checked bag fees

FILE: An Alaska Airlines plane takeoff from SFO in June 2023. Tayfun CoSkun/Anadolu Agency via Getty Images In the latest airline news, new construction at San Francisco International could delay flights for months, the airport warns; Alaska Airlines is boosting checked bag fees; regional carrier JSX orders hundreds of hybrid-electric planes to expand service to smaller … Read more

People camped overnight, waited in 6-hour lines for In-N-Out’s newest store

People camped overnight, waited in 6-hour lines for In-N-Out’s newest store

FILE: In-N-Out opened its first restaurant in Idaho on Dec. 12, 2023. The chain has been on an expansion kick with plans to debut more stores across the U.S.  Farley Elliott A new In-N-Out store in Idaho caused quite the stir as customers camped overnight in chilly temperatures to get their hands on a double-double. … Read more