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2023-05-26 12:34:22 ET Summary Demand for faster, more efficient, and secure data transfer should ramp up in H2 2023. I believe that Rambus Inc. investors would do well to look beyond Q2. Starting Q3, there's likely to be sequential growth. I estimate that Rambus Inc. stock is...
2023-05-26 04:30:14 ET Summary Marvell Technology's guidance for fiscal Q2 2024 is fair but nothing truly impressive. What investors have been quick to latch onto is that Marvell's AI exposure will jump by 100% y/y to around $800 million in fiscal 2025. This means that at leas...
2023-05-25 10:30:00 ET It has been a tough year for Micron (NASDAQ: MU) . The memory chipmaker's stock closed at its all-time high last January, but subsequently tumbled more than 30% as investors fretted over the cyclical slowdown of the semiconductor market. But even after tha...
2023-05-24 11:59:21 ET Analog Devices ( NASDAQ: ADI ) led semiconductor stocks lower on Wednesday ahead of quarterly results from industry stalwart Nvidia ( NASDAQ: NVDA ). Analog Devices ( ADI ) fell more than 8% after it said it expects third-quarter sales ...
2023-05-24 07:37:00 ET The semiconductor space is one of the most exciting and dynamic sectors in the world. However, with the potential exception of oil and other commodity companies, semiconductor companies are perhaps more prone than others to get embroiled in geopolitics. One factor was...
2023-05-24 07:34:05 ET As generative AI systems take many industries by storm, calls have been growing on the need to regulate emerging tools and address the potential downsides of the technology. Just last week, the CEO of OpenAI, the creator of ChatGPT, testified to Congress about the nec...
2023-05-24 07:00:00 ET Memory prices continue to decline even as memory companies like Micron Technology (NASDAQ: MU) decrease shipments. Want to learn more about what is impacting the memory market? Check out the short video to learn what semiconductor investors Jose Naja...
2023-05-23 06:20:00 ET Memory-chip manufacturer Micron (NASDAQ: MU) is already dealing with the worst industry downturn in more than a decade. Revenue plunged 53% year over year in the company's latest quarter as prices for DRAM and NAND chips continued to plummet. Micron posted a w...
2023-05-22 19:25:22 ET Summary We maintain our buy rating on Applied Materials, Inc. post Q2 2023 earnings results and Q3 2023 outlook, as we expect the stock to continue outperforming in 2024. We expect the increased mature node demand and growth in its ICAPS business will contin...
2023-05-22 14:29:06 ET Micron Technology Inc ( NASDAQ: MU ) lost about 3.0% on Monday after China told its companies engaged with critical information systems to no longer buy chips from the Boise-headquartered firm. Micron to take a $3.0 billion hit Its Cyberspace Administr...
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2024-08-06 08:15:07 ET KeyBanc analyst issues OVERWEIGHT recommendation for MU on August 6, 2024 06:21AM ET. The previous analyst recommendation was Overweight. MU was trading at $90.42 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...
SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FMS: The Future of Memory and Storage — Micron Technology, Inc. (Nasdaq: MU), today announced it is the first to develop PCIe ® Gen6 data center SSD technology for ecosystem enablement as part of a portfolio of memory and ...
VANCOUVER – USA News Group – In this ongoing artificial intelligence (AI) rally, not all tech stocks are experiencing the same growth. According to Reuters , tech giants such as Microsoft are facing setbacks, while chipmakers continue to climb, marking a divide in the benefi...