MU News and Press, Micron Technology Inc. From 05/17/23

2023-05-17 09:00:00 ET Summary The semiconductor and personal devices demand destruction is not over yet and is likely to continue for the next few quarters, based on QCOM, INTC, AMD, and AAPL's recent earnings call. QCOM's recent FQ2'23 performance and FQ3'23 guidance appear unde...

2023-05-17 07:20:00 ET Following a pandemic-era boom, the memory chip industry is going through an extreme bust. Micron (NASDAQ: MU) CEO Sanjay Mehrotra recently called the current environment the "worst downturn in the last 13 years with an exceptionally weak pricing environment th...

2023-05-16 15:30:00 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...

BOISE, Idaho, May 16, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (Nasdaq: MU), today announced the release of two SSDs, the Micron 6500 ION NVMe SSD and the Micron XTR NVMe SSD. Designed to keep pace with the accelerating growth of data, these drives provide a major advancement for data ce...

2023-05-16 08:11:00 ET Micron (NASDAQ: MU) , a leading computer memory producer, finds itself at the intersection of two significant megatrends: the artificial intelligence (AI) revolution and the shift from globalization to deglobalization. Let's explore how Micron can ride the...

2023-05-15 14:36:33 ET Micron Technology ( NASDAQ: MU ) led S&P 500 semiconductor stocks higher on Monday after Citi reiterated it is one of the firm's favorite chip stocks to own once the current downturn ends. In a note to clients, Citi analyst Christopher Danely said ...

2023-05-15 08:16:48 ET Investment firm Citi said on Monday that Analog Devices ( NASDAQ: ADI ) is still its top stock in the semiconductor industry as earnings season showed the sector still has a way to go. Analyst Christopher Danely noted there has been a trend of "negative" e...

2023-05-14 23:25:14 ET Summary Seth Klarman’s 13F portfolio value decreased from $6.13B to $5.85B this quarter. Baupost Group increased Alphabet and Fidelity National Information Services while dropping Meta Platforms, Micron Technology, and Amazon.com. The portfolio co...

2023-05-13 10:00:00 ET Summary With a likely recession by H2'23, 15 years after the previous downturn, it is natural that ASML's EUV orders may be delayed or canceled in the near term. However, with its backlog extending through 2025, we do not expect any material impact on its 20...

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...