MU News and Press, Micron Technology Inc. From 03/29/23

2023-03-29 07:57:49 ET Micron Technology ( NASDAQ: MU ) shares rose more than 2% in premarket trading on Wednesday as Wall Street analysts acknowledged the downturn for the semiconductor company has been deeper than expected, but a recovery is approaching. Barclays a...

2023-03-29 07:43:01 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . For further details see: Wall Street Breakfast: Breaking Up

2023-03-29 07:23:50 ET Summary Memory chip down cycle has shown signs of a bottom. Micron is expecting sequential growth to start back up as the industry is expected to benefit from secular trends and change in a cyclical cycle. The US government's harsh stance against China i...

2023-03-29 07:00:00 ET Summary Micron reported fiscal Q2 2023 earnings after market close on March 28, 2023. Micron’s technology prowess as it ramps production of its 1-beta DRAM and 232-layer NAND will expand bit shipments without additional capex spend. Micron's 1-bet...

2023-03-29 04:57:00 ET While the major averages edged lower on Tuesday, things appear to be turning around in the premarket session. Dow futures ( INDU ) advanced 0.7% , while contracts linked to both the S&P 500 ( SPX ) and Nasdaq ( NDX:IND ) are ahead...

2023-03-28 22:18:46 ET Micron Technology Inc ( NASDAQ: MU ) gained slightly in extended trading on Tuesday even after reporting its largest quarterly loss on record. Micron’s outlook for the future The tech stock is keeping resilient primarily because the manageme...

2023-03-28 20:05:18 ET Micron Technology, Inc. (MU) Q2 2023 Earnings Conference Call March 28, 2023, 16:30 ET Company Participants Farhan Ahmad - VP, IR Sanjay Mehrotra - CEO, President & Director Mark Murphy - EVP & CFO Conference Call Participants...

2023-03-28 16:49:23 ET Micron Technology ( NASDAQ: MU ) shares edged up by 1.5% in after-hours trading Tuesday as the memory chipmaking giant cautiously suggested inventories and business is improving after a brutal fiscal second-quarter loss. In a statement announcing Micro...

2023-03-28 16:14:17 ET Micron Technology press release ( NASDAQ: MU ): Q2 Non-GAAP EPS of -$1.91 misses by $1.03 . Revenue of $3.69B (-52.6% Y/Y) misses by $20M . Inventory write-downs of $1.43 billion, impact of $1.34 per diluted share Operating cash flow ...

Achieving technology milestones while cutting expenses and reducing supply BOISE, Idaho, March 28, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2023, which ended March 2, 2023. Fiscal Q2 2023 highli...