MU News and Press, Micron Technology Inc. From 05/11/23

2023-05-11 13:15:10 ET Micron Technology ( NASDAQ: MU ) shares bucked the trend on Thursday as semiconductor stocks were largely in the red at mid-day amid a light trading day. Micron ( MU ) shares rose 2.5% just after 1 p.m. EST, as just over 9M shares changed hands. Fo...

2023-05-10 14:35:21 ET Summary Several aspects of Applied Materials, Inc. fit Peter Lynch's description of a fundamentally sound stock. The Applied Materials, Inc. balance sheet looks great, with current assets trending way above long-term debt. The trailing 5-year GAAP EPS CA...

2023-05-09 18:23:17 ET Summary Several super-investors (e.g., Mohnish Pabrai and Li Lu) that I closely follow are currently betting heavily on Micron Technology, Inc. This article explains why Micron Technology, Inc. stock’s hidden P/E approaches the magical 1x promoted by ...

2023-05-09 15:22:55 ET Summary Revenue should benefit from robust RPOs and resilient end-market demand. The margins should benefit from pricing actions to mitigate inflationary pressure and easing supply chain constraints. Premium valuation keeps me on the sidelines. ...

2023-05-08 17:15:09 ET Summary Intel Corporation's Q1 revenue was down 36% year-over-year. Intel's projection for Q2 shows another 22% revenue loss YoY. Intel's financial metrics are terrible. Intel's new fab projects will take years to generate substantial free cash flow....

2023-05-08 08:48:29 ET Citi reiterated its buy ratings on memory chip makers Micron Technology ( NASDAQ: MU ), Samsung ( OTCPK:SSNLF ) and SK Hynix on Monday after developments in the memory market suggested it may recover later this year. Analyst Peter Lee noted that the re...

2023-05-05 15:12:09 ET Summary Samsung Electronics has moved to begin to “meaningfully” cut chip production, combined with an optimistic outlook of demand for PCs and Smartphones. SK Hynix, Micron, Western Digital, and Kioxia had already begun cutting production. ...

2023-05-05 14:10:12 ET Summary April 2023 unemployment remained low as jobs were added to the economy. February and March employment numbers were revised lower. Watch cyclical and semiconductor sectors. The Dow Jones (DJI) has gained around 400 points today, helped b...

2023-05-04 12:52:09 ET Semiconductor stocks were largely lower on Thursday as investors worried about weak guidance from some of the industry's largest companies. Qualcomm ( NASDAQ: QCOM ) shares fell more than 6% after the San Diego-based chipmaker issued a weak outlook...

2023-05-03 06:46:34 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Federal Reserve expected to boost policy rate by 25 bps again - then pause? Icahn Enterprises ( IEP ) drops on new Hindenburg Research short repo...