BUZZ-Micron gains; Exec says free cash flow on track for another record quarter

NVIDIA Corporation
Broadcom Limited
Intel
Micron Technology
Marvell Technology

NVIDIA Corporation

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Broadcom Limited

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Intel

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Micron Technology

MU

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Marvell Technology

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** Shares of Micron MU.O rose 3.4% to $721

** Micron's financial outlook has strengthened since its last earnings call - Manish Bhatia, executive vice president of global operations, at J.P. Morgan Global Technology, Media and Communications Conference

** Says firm is on track for another substantial record free cash flow in fiscal Q3

** "Demand continues to outpace our ability and the industry's ability to supply due to persistent structural factors" - Bhatia

** The broader chip sector also advanced ahead of Nvidia earnings after market closes on Wednesday: Marvell Technology MRVL.O rose 7%, Intel INTC.O gained 5.4% and Broadcom AVGO.O added 2.7%; Nvidia was up 2.2%

** Up to last close, MU had risen 145% YTD


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