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MU News and Press, Micron Technology Inc. From 04/25/24

Stock Information

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

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MU - SOXQ: An Optimal Portfolio For The Cyclical Recovery

2024-04-25 12:11:47 ET Summary The Invesco PHLX Semiconductor ETF portfolio has an optimal balance of AI-driven chip companies and those expected to see a cyclical recovery in 2025. The SOXQ ETF has a potential upside of 21% for 2024 on consensus price targets....

MU - Huawei-led firms receive Chinese backing to build advanced AI chips: report

2024-04-25 11:10:53 ET More on Nvidia Nvidia's Moat Remains Unchallenged Despite Emerging Players' Advanced AI Chips Nvidia: No Reason For An AI Panic Nvidia Has Rarely Been Cheaper, Long-Term AI Trend Remains Robust Nvidia to buy two Israeli startups aiming ...

MU - Semiconductors largely higher even as big tech sells off; Intel results on deck

2024-04-25 10:40:06 ET More on semiconductors STMicroelectronics N.V. (STM) Q1 2024 Earnings Call Transcript Lam Research Corporation (LRCX) Q3 2024 Earnings Call Transcript Silicon Laboratories Inc. (SLAB) Q1 2024 Earnings Call Transcript Silicon Labs gains ...

MU - Micron wins $13 billion from U.S. to boost domestic chip production

2024-04-25 08:20:50 ET Micron Technology Inc (NASDAQ: MU) is in focus today after securing $13 billion from the U.S. government to set up new chip factories in Idaho and New York. Micron received funding as part of the Chips Act The semiconductor behemoth will receive $6.1 billi...

MU - Micron wins ~$6.1B CHIPS Act grant to build three new fabs

2024-04-25 05:55:31 ET The U.S. Department of Commerce has reached a preliminary agreement with Micron ( NASDAQ: MU ) to provide up to ~$6.14B in direct funding under the CHIPS and Science Act.... Read the full article on Seeking Alpha For further details see: Mi...

MU - Micron: CHIP Grants Are Rocket Fuel (Rating Upgrade)

2024-04-24 12:41:22 ET Summary Micron Technology, Inc. is set to benefit from a U.S. government grant, which will boost its competitive stance in high-margin, high-demand areas such as AI applications. The company's recent developments in AI DRAM utilization and partnerships with ...

MU - BUZZ Investing: CPI Surge Spikes Bond Yields

2024-04-24 09:05:00 ET Summary The BUZZ NextGen AI US Sentiment Leaders Index returned 5.39% during the month of March, compared to a return of 3.22% for the S&P 500 Index during the same period. Shares of Coinbase Global Inc. led gains within the BUZZ Index. Technology-re...

MU - Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Surged on Tuesday

2024-04-23 13:35:26 ET Investing in the latest developments in artificial intelligence (AI) has been a wild ride over the past year or so. However, over the past few weeks, investors have had that sinking feeling as many of the stocks in the space lost altitude. The combination of a rap...

MU - Micron Technology Stock Has 37% Upside, According to 1 Wall Street Analyst

2024-04-23 13:00:00 ET Shares of Micron Technology (NASDAQ: MU) are currently down 16% since they hit a 52-week high of $130.54 earlier this month. Some investors are concerned about weakness in key markets where Micron supplies its memory and storage products. However, Citigr...

MU - Is It Time to Buy ASML Stock Yet?

2024-04-23 09:33:00 ET Shares of top lithography equipment maker ASML Holding (NASDAQ: ASML) took a steep tumble after earnings in mid-April, halving what was a heady 30% run-up in the first few months of 2024. ASML is still sporting big gains so far during the new bull market, but ...

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