3M's hot new optical technology for data centers is being deployed by Microsoft Azure, the companies announced on Wednesday. MMM stock is a top performer on the Dow Jones Industrial Average on Wednesday, flashing an early buy signal. 3M said on its April 21 earnings call that its new expanded beam optics technology had received validation and a significant order from a hyperscaler, which has apparently now been revealed to be Microsoft.
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3M Company is set to report its fiscal second-quarter earnings soon, with analysts expecting a single-digit increase in EPS.
Investing.com -- 3M Company (NYSE:MMM) rose 2.5% Wednesday following comments from Chief Executive Bill Brown at the Wells Fargo Industrials and Materials Conference.
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