Micron Technology, the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. […]

John Flavin, founder and CEO of Portal Innovations, says billions of dollars in biotech M&A have taken place this year. He tells Romaine Bostick and Katie Greifeld on “The Close” that new offerings are helping funnel capital into fresh opportunities and innovation. (Source: Bloomberg)

Israeli security officials are investigating how the high-profile phone contacts, photos and messages belonging to former Prime Minister Naftali Bennett leaked online.

Micron said fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Jake Silverman has more on "Bloomberg The Close." (Source: Bloomberg)

DoorDash Inc. is launching a grocery shopping feature within ChatGPT as part of a planned partnership with OpenAI, just a week after rival Instacart announced a similar tool.

A number of fatal car crashes involving Tesla vehicles has prompted increased scrutiny of its electric doors, triggering lawsuits over whether the design can leave passengers trapped. (Source: Bloomberg)

Bloomberg’s Caroline Hyde discusses questions surrounding Oracle’s data-center financing. Plus, OpenAI is in talks to raise $10 billion from Amazon and plans to use its Trainium chip in a challenge to Nvidia. And Waymo is in talks to raise more than $15 billion at a valuation that could exceed $100 billion. (Source: Bloomberg)

Blizzard veteran Paul Della Bitta will take over the video-game division