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MU News and Press, Micron Technology Inc. From 03/30/23

Stock Information

Company Name: Micron Technology Inc.
Stock Symbol: MU
Market: NASDAQ
Website: micron.com

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MU - Why Intel, Micron Technology, Qualcomm, and Other Semiconductor Companies Rallied on Wednesday Morning

2023-03-30 09:00:00 ET Micron Technology (NASDAQ: MU) offered some hope to semiconductor investors by suggesting that the bottom of inventory correction for various semiconductor industries has passed or will pass within the next few months. Check out the short video to learn ...

MU - Why Intel, Qualcomm, and Taiwan Semiconductor Manufacturing Rallied Today

2023-03-29 17:20:28 ET Shares of leading semiconductor companies Intel (NASDAQ: INTC) , Qualcomm (NASDAQ: QCOM) , and Taiwan Semiconductor Manufacturing (NYSE: TSM) rose 7.6%, 3.1%, and 2.1%, respectively, in Wednesday trading. Virtually all chip stocks were lift...

MU - Dow, S&P 500, Nasdaq rally as Micron boosts tech

2023-03-29 16:05:09 ET Although the near-term future for Federal Reserve policy remained murky, stocks rose on Wednesday, resuming a recent upswing after a dip the previous day. Renewed buying in tech stocks helped lift the major averages following a mild risk-off preference over the prior ...

MU - Rebooting Micron: A Great Inventory Slim-Down to Prep for the AI-Powered Future

2023-03-29 11:17:00 ET The semiconductor market's ongoing downturn has been as stubborn as a computer virus, but Micron Technology (NASDAQ: MU) is plugging away at inventory management in hopes of sparking a brighter future. The company's hot-off-the-presses report for the secon...

MU - Micron: An Undervalued And Overlooked AI Opportunity

2023-03-29 10:51:53 ET Summary Micron is the fourth largest supplier of DRAM, which is an essential component of PCs and data centers, and it is even used inside Nvidia's leading GPUs. The company reported a top and bottom line miss for Q2, FY23 which has been driven by the cyclic...

MU - Micron Technology ($MU) Trading Report

2023-03-29 10:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

MU - Dow Zooms as Rates Fall

U.S. stock futures rose Wednesday as traders looked to recover from a down session, with Treasury yields slipping. Futures for the Dow Jones Industrials hopped 242 points, or 0.7%, to begin Wednesday at 32,828. Futures for the S&P 500 hiked 34.75 points, or 0.9%, to 4,036.25. Futu...

MU - 4 stocks to watch on Wednesday: Micron, Lululemon and more

2023-03-29 08:44:02 ET Sentiment has improved following Tuesday's mild decline, as the futures pointed to a higher open on Wednesday. With the apparent end to the banking crisis in sight, investors are considering the Federal Reserve's likely next move. Here are some stocks to watch on Wedn...

MU - Micron: Don't Wait Until The Memory Market Bottoms

2023-03-29 08:00:15 ET Summary Micron's FQ2 earnings report revealed a staggering $1.43B inventory write-down, dealing a heavy blow to its adjusted EPS with a $1.34 impact. However, the initial post-market reaction suggests investors aren't unduly concerned. Management highlighted...

MU - Micron rises as analysts realize 'deeper bottom' but recovery is near

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...

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