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MU News and Press, Micron Technology Inc. From 04/18/23

Stock Information

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

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MU - European Union finalizes $47B Chips Act to compete with U.S., Asia

2023-04-18 12:19:48 ET Lawmakers from the European Union confirmed on Tuesday that they had passed the 45B€ ($47B) Chips Act, finalizing recent discussions to help the 27-country bloc better compete with the U.S. and Asia. It was reported last week that a finalized d...

MU - Nvidia: Bloated Valuation And Increased Competition

2023-04-17 16:46:36 ET Summary Chip inventories are mounting up for Nvidia Corporation as sales for PCs continue to slow. Nvidia has a p/e ratio of 120x, which would need to fall 88% to be at 15x p/e. Nvidia is worth as much as Taiwan Semiconductor and Advanced Micro Devices c...

MU - Samsung's Shift in Strategy: A Game Changer for Micron Stock Investors?

2023-04-17 11:13:09 ET Discover how Samsung's strategic shift affects Micron Technology (NASDAQ: MU) . Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the spec...

MU - AMD, Nvidia, semi cap companies seeing 'positive' sentiment ahead of Q1 results

2023-04-17 08:47:35 ET With first-quarter earnings season around the corner, investment firm Citi noted that sentiment is a "mixed bag" for the sector, though the sentiment surrounding AMD ( NASDAQ: AMD ), Nvidia ( NASDAQ: NVDA ) and semiconductor capital equipment companies...

MU - Google CEO Sundar Pichai weighs in on the future of artificial intelligence

2023-04-17 06:15:29 ET The competition for AI dominance is heating up as the world's biggest tech giants go all in on an area that will "impact every product across every company." That's the opinion of Google ( NASDAQ: GOOG ) ( NASDAQ: GOOGL ) CEO Sundar Pichai, who hastily...

MU - Apple Is Likely Expensive, But I Would Not Sell

2023-04-14 09:41:40 ET Summary While Apple may be expensive, I believe future prospects justify the current prices. With the Federal Reserve expected to finish raising rates in the next FOMC, Apple could benefit from the weakening of the US dollar. As the industry recovers and...

MU - Taiwan Semiconductor: Buffett Apparently Fears The Politics

2023-04-13 18:21:30 ET Summary Recently, Warren Buffett said that political risk was a factor in his unexpected decision to sell Taiwan Semiconductor Manufacturing Company Limited stock. He also called Taiwan Semiconductor the strongest company in the chip industry. Taiwan Sem...

MU - Western Digital: Upgrade To Buy - The Turnaround Moment Is Here

2023-04-13 16:00:47 ET Summary We’re upgrading Western Digital Corporation to a buy after Samsung Electronics Co., Ltd. pledged to cut memory chip production to a “meaningful level”. We expect Samsung and other industry players' production cuts will accelerate...

MU - Selected Information Technology Stocks Ranked By Value

2023-04-13 08:04:20 ET Summary 24 highly rated Information Technology stocks were evaluated by means of a multi-factor value matrix. The value matrix is a broad effort to identify those Information Technology stocks that are likely to be amongst the best and poorest investments in...

MU - The Worst May Be Over for Micron, But Pandemic-Era Profits Aren't Coming Back

2023-04-13 07:10:00 ET The memory chip market is in an extreme state of oversupply. There's too much supply of DRAM and NAND chips floating around, and inventory levels of the products that use those chips are also elevated. The PC market, for example, is in disarray. Global PC shipments pl...

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