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MU News and Press, Micron Technology Inc. From 10/05/23

Stock Information

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

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MU - Micron Initiates Construction on Leading-Edge Memory Manufacturing Fab

On the 45 th anniversary of company’s founding, Micron lays the foundation for America’s future Micron to invest $75 million toward building America’s semiconductor workforce of the future in Idaho BOISE, Idaho, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Mi...

MU - Semiconductors Winners And Losers At The Start Of Q4 2023

2023-10-05 03:27:06 ET Summary Semis dodged a bullet in Q2 thanks to AI, but there was no such luck in Q3 with most semis ceding ground, particularly in September. Q3 was a quarter of change in various ways, but in general, the tailwinds that enabled the rally in the past year los...

MU - Buying Micron Technology Stock Is a No-Brainer Right Now

2023-10-04 10:13:00 ET Shares of Micron Technology (NASDAQ: MU) sank 4% after the company released fiscal 2023 fourth-quarter results (for the three months ended Aug. 31) on Sept. 27, but a closer look at the chipmaker's results suggests that its latest drop is a buying opportunity....

MU - Micron's Profit-Killing Downturn Isn't Over Yet

2023-10-04 07:00:00 ET The tide is finally starting to turn in the memory chip markets. Production cuts across major suppliers of DRAM and NAND chips have helped whittle away the excess inventories held by customers. Micron (NASDAQ: MU) has been aggressive in reducing output, and it...

MU - Could Micron Technology Become the Next Nvidia?

2023-10-04 05:15:00 ET Micron Technology (NASDAQ: MU) is one of the leading suppliers of memory chips used in data centers, mobile devices, and personal computers. Growing demand for additional memory and storage capacity sent the stock up about 290% over the last decade, but the st...

MU - EU to publish vital tech list amid worries over wider state aid use - report

2023-10-03 09:52:12 ET More on tech stocks Intel's Turnaround: A Buy Approaching The New Age Of AI Taiwan Semiconductor Makes Chips For 3 Of The Top 4 Greatest Growth Technologies Nvidia Was Up 235% In 2023, Don't Expect It To Continue (Rating Downgrade) Nvid...

MU - Micron: Best To Stay On The Sidelines

2023-10-03 09:44:19 ET Summary Micron beat top and bottom line estimates for Q4, but margin guidance is concerning. Revenues declined 40% Y/Y due to declining demand, China's ban, and a deteriorating pricing situation. Micron continues to expect a negative gross margin in FQ1'...

MU - Nvidia, AMD, other semis in focus as KeyBanc checks indicate mixed picture

2023-10-03 08:32:48 ET More on AMD, Intel and Nvidia Intel's Turnaround: A Buy Approaching The New Age Of AI Intel: We Expect A Successful Transformation Intel: Threat To Margins Is Increasing Biden Administration said to give China heads up on chip export cu...

MU - Here's Why Micron's Profits Could Be Ready to Take Off

2023-10-03 07:03:00 ET Shares of memory-maker Micron Technology (NASDAQ: MU) sold off after last Wednesday's earnings report, although much of the initial sell-off was regained on Friday. Investors may have been somewhat disappointed at the pace of the memory industry recovery a...

MU - Micron on the docket as US Senators head to China amid probe

2023-10-02 16:22:58 ET More on Micron Micron Technology, Inc. Post Q4 2023 Earnings Analyst Call Transcript Micron's Recovery Will Likely Take More Time Than Investors Expect Micron: Profitability Is Poised For A Spectacular Recovery Semiconductors slip even ...

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