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MU News and Press, Micron Technology Inc. From 07/07/23

Stock Information

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

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MU - Global semiconductor sales plunge 21% in May, but M/M increase keeps optimism alive

2023-07-07 10:48:04 ET Global semiconductor industry sales for May fell 21.1% year-over-year to $40.7 billion. Sales rose 1.7% month-over-month, according to The Semiconductor Industry Association (SIA). Region wise Y/Y sales: Europe +5.9%, Japan -5.5%, the Americas -22.6%, Asi...

MU - EVT: Earn Needed Income With This High-Yielding CEF

2023-07-06 18:04:39 ET Summary Investors today are in desperate need of additional sources of income, just like everyone else in America. Eaton Vance Tax-Advantaged Dividend Income Fund invests in a portfolio of common stocks and fixed-income assets with the objective of providing...

MU - Micron - Memory Demand And Pricing To Improve In 2024

2023-07-06 08:00:00 ET Summary We’re still buy rated on Micron Technology, Inc. after its Q3 FY23 earnings results as we see memory industry demand-supply dynamics improving into 2024. While we understand investors' disappointment in Micron's gm% outlook for the next few qu...

MU - Is It Too Late to Buy Micron Technology Stock?

2023-07-06 05:14:00 ET The rally in semiconductor stocks this year helped shares of Micron Technology (NASDAQ: MU) rise impressively in the first half of 2023 despite the memory market's downturn, but the stock has been pulling back despite reporting better-than-expected results at ...

MU - Semiconductors Winners And Losers At The Start Of H2 2023

2023-07-06 00:23:31 ET Summary Semis look poised for continued gains in Q3 after the rally continued in Q2, but there were several changes worth noting. The rally in semis is increasingly being driven by AI after other tailwinds lost strength, which could become problematic if AI ...

MU - Micron Signals the Next Bull Market Is Well On Its Way

2023-07-05 10:22:15 ET AI has taken the world by storm, so surely Micron Technology (NASDAQ: MU) should be booming, right? Not exactly. One of the leaders in memory chips reported another (expected) ugly earnings report, showing $3.8 billion in sales (down 57% from a year ago) durin...

MU - Citi stays cautious on chips even as May monthly sales tick up

2023-07-05 09:53:40 ET Investment firm Citi said on Wednesday that it is staying cautious on semiconductor stocks even as industry data from May showed a larger-than-expected increase. Citing data from the Semiconductor Industry Association, Citi analyst Christopher Danely noted that ...

MU - What The World's Top Investors Are Buying And Selling, The Sequel

2023-07-05 01:37:54 ET Summary In December 2021, I shared key insights, top picks, and pans from seven great investors of our time. Their high conviction picks since that time reveal mixed results. Winners were Buffett, Dalio, Gross, Gundlach, and Rogers, while Munger and Miller h...

MU - Micron: Buy While Others Are Still Pessimistic

2023-07-03 14:36:30 ET Summary Micron Technology stock has pulled back over the past five weeks, but investors are still holding on despite pessimism over the company's outlook and the impact of China's ban. The company's inventory digestion is taking longer than expected, but it ...

MU - 3 Things About Micron Technology That Smart Investors Know

2023-07-03 06:54:00 ET Micron (NASDAQ: MU) is one of the world's largest producers of DRAM and NAND memory chips. It also represents the easiest way for U.S. investors to invest directly in the secular expansion of the memory chip market for two reasons. First, Micron's largest ...

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