After-hours trading for U.S. chip stocks saw across-the-board gains.
After Micron Technology released its financial report, chip stocks in the US rose across the board in after-hours trading. As of the time of publication, Micron Technology rose over 14%, Qualcomm rose over 13%, Western Digital, SanDisk, and Seagate Technology rose over 10%, ARM and Applied Materials rose over 6%, and ASML rose over 5%. Micron Technology's latest financial report shows that the company expects adjusted revenue of $49 billion to $51 billion in the fourth quarter, compared to market expectations of $43.24 billion.
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