MU News and Press, Micron Technology Inc. From 06/20/23

2023-06-20 07:24:17 ET Summary Prem Watsa's 13F portfolio value decreased from $4.02B to $1.75B, primarily due to Atlas Corp.'s "take private" transaction. The top three positions are Micron Technology, Kennedy-Wilson, and Blackberry, accounting for ~38% of the entire 13F portfoli...

2023-06-16 12:04:38 ET Micron Technology Inc ( NASDAQ: MU ) is in focus this morning after a report said it was close to making a billion-dollar investment in India. Here’s what we know so far Anonymous sources told Bloomberg today that the Boise-headquartered fir...

2023-06-16 09:46:23 ET Micron Technology ( NASDAQ: MU ) shares fell nearly 2% on Friday after the company said that approximately half of its revenue from China is at risk of being lost. "As previously disclosed, Micron’s revenue with companies headquartered in main...

2023-06-16 05:36:00 ET Micron ( NASDAQ: MU ) plans to invest ~$604 million over the next few years in its chip packaging facility in the Chinese city of Xian, and is also nearing a deal to commit ~$1 billion to build a similar factory in India, according to media reports. F...

2023-06-12 09:00:00 ET Summary AI's major bottleneck is a lack of computing power, with supercomputers needed for the training and testing of data. The amount of AI networks created and tested is set to increase exponentially over the next six years, with the computing power impro...

BOISE, Idaho, June 12, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), one of the world’s largest semiconductor companies and the only U.S.-based manufacturer of memory, today announced the Northwest University Semiconductor Network, a partnership focused on collectively dev...

2023-06-12 03:53:33 ET Summary Micron's substantial increase in inventory is due to weaker demand growth compared to supply growth in the PC and smartphone markets. Market pricing for DRAM and NAND has declined in 2023, impacting Micron's financial results for two quarters. Pr...

2023-06-09 08:27:11 ET Summary Palantir's growth rates are starting to stabilize. H2 2023 could positively impress investors. Palantir is "recession-resistant" because its customer base is mostly large enterprises and the US government. The stock is not cheap, but I believe th...

BOISE, Idaho, June 08, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc., today announced it signed a 15-year virtual power purchase agreement for its U.S. operations with Terra-Gen, a leading developer of renewable energy that operates over 2.2 gigawatt-hours of wind, solar and energy storage thr...

2023-06-07 09:30:00 ET Summary An erudite and thoughtful conversation about AI with Ramy Taraboulsi, CFA and Kirk Spano. Neural networks, hype and building something we don't understand. Major problem with AI is lack of computing power. What stocks make sense? Lockheed Mar...