SGX:A17U 4 February 2026

iFAST share price slides 3% in Singapore as investors eye Feb 12 results

iFAST shares fell 3.3% to S$9.89 by Wednesday afternoon in Singapore, with trading volume at about 2.29 million shares. The drop comes ahead of the company’s full-year results, set for release after market close on February 12. The stock touched a low of S$9.80 earlier in the session.

4 February 2026

SGX:A17U·Singapore Stocks·Stock Market

Micron Revenue Soars, Tops Estimates on AI-Driven Memory Demand
March 18, 2026, 5:27 PM EDT. Micron's revenue nearly tripled to $23.86 billion in the latest quarter, surpassing analysts' $20.07 billion forecast, driven by surging demand for Nvidia's AI chips. The semiconductor maker expects second-quarter revenue to jump over 200% to $33.5 billion, beating the $24.3 billion consensus. CEO Sanjay Mehrotra attributed growth to artificial intelligence (AI) demand, memory supply constraints, and strong execution. Micron's adjusted earnings per share rose to $12.20 versus $9.31 expected, with net income reaching $13.8 billion. The company's stock surged 62% year to date, outperforming peers like Microsoft and Tesla. Memory shortages, especially for DRAM and NAND products used in data centers, are boosting high-margin high-bandwidth memory tied to AI GPUs. Micron's gross margin more than doubled to 74.4%, reflecting strong pricing power amid tight memory supplies.