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Micron (MU) closed the most recent trading day at $67.06, moving -0.71% from the previous trading session.
Some chip stocks are lagging behind their peers this year, but that might not be the case for much longer.
Micron’s 96GB high-capacity DDR5 RDIMM memory tames the most demanding data center workloadsBOISE, Idaho, June 07, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc., (Nasdaq: MU) today announced volume production availability of high-capacity 96GB DDR5 RDIMMs in speeds up to 4800MT/s, which have double the bandwidth compared to DDR4 memory.1 By unlocking the next level of monolithic technology, the integration of Micron’s high-density memory solutions empowers artificial intelligence (AI) and in-
(Bloomberg) -- Two key Republican lawmakers are pressing the Biden administration to counter Beijing’s ban of US chipmaker Micron Technology Inc. by sanctioning a Chinese semiconductor company and ensuring that Japanese and South Korean firms don’t take advantage of the blockade.Most Read from BloombergOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutOil Rises on Saudi Arabia’s Go-It-Alone July Production CutsMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallySaudi Shoulders Bur
Nova and Micron Technology have been highlighted as Zacks Bull and Bear of the Day.
The "megalodon of memory" is vital to the AI revolution in mobile, autos, robotics, & medicine
In the latest trading session, Micron (MU) closed at $69.09, marking a +1.3% move from the previous day.
BOISE, Idaho, June 01, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, June 28, 2023, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron’s Investor Relations website for approximately one year after the call. About Micron Technology, Inc.We are an industry leader in innovative memory a
Zacks.com users have recently been watching Micron (MU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Accessible, affordable, reliable and high-quality childcare options essential to attracting and retaining Micron’s talent Idaho Community Investment Framework formalizes shared commitments to building America’s semiconductor workforce of the future in Idaho BOISE, Idaho, May 31, 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, will break ground at the future site of its Childcare Cent
The Crucial® T700 Gen5 SSD leverages Micron® 232-layer NAND to maximize performance and dependability, while Crucial Pro DRAM harnesses Intel® XMP and AMD EXPO® support and heat spreaders for great performance right out of the boxBOISE, Idaho, May 30, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the Crucial® Pro Series which features memory and storage products designed for gamers, content creators, workstation professionals or anyone needing the benefits of a r
(Bloomberg) -- South Korea will avoid capitalizing on China’s ban on a US chipmaker, seeing the move by Beijing as an attempt to drive a wedge between Seoul and Washington, according to a person familiar with the situation. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersRich Latin Americans Transform Laid-Back Madrid Into a New MiamiDebt-Limit De
Micron Technology has some decent exposure to China, but, luckily for investors, the situation might not be as dire as it seems.
(Bloomberg) -- China’s decision to bar Micron Technology Inc.’s memory chips has escalated tensions with the US, fueling worries over what other technology firms Beijing may target. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultKey Takeaways From Biden-McCarthy Deal to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealWorld’s Richest Man Throws In Towel on Beverly Hills HotelManchin Gets Mountain Valley Pipeline Deal Into Debt BillPoli
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It has been a tough year for Micron (NASDAQ: MU). In the second quarter of fiscal 2023, which ended on March 2, Micron generated 74% of its revenue from DRAM chips and 24% of its revenue from NAND chips. Its sales of both types of chips have tumbled by double digits year over year over the past three quarters, while its adjusted gross margins turned negative in the second quarter.
(Bloomberg) -- US lawmakers are urging Washington to strike back against China for its decision to bar Micron Technology Inc.’s memory chips, threatening to further inflame tensions between the two countries.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustStock Rally Hits a Wall as Economic Headwinds Loom: Markets WrapDebt-Limit Deal Heads to House Vote After Clearing Key HurdleTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysJPMorgan
China said it would instruct companies not to buy memory chips from Micron, but Micron's stock wasn't much affected.
(Bloomberg) -- President Xi Jinping called on Russia to help bolster their countries’ ties at multilateral groups, as both nations seek to counter a US-led world order they’ve become increasingly isolated within.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofFinancials Lead Stock Decline as Sentiment Sours: Markets WrapLula Lashe
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 Najarro and Billy Duberstein had to say.
(Bloomberg) -- China’s move to ban Micron Technology Inc.’s products marked its most meaningful retaliation yet against US export controls. Now the question is whether President Xi Jinping will go after even bigger targets, risking blowback to his own economy.Most Read from BloombergPutin Orders Tighter Defenses After Drone Strikes on MoscowWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapTaiwan Rushes to Prevent C
(Bloomberg) -- Just as Micron Technology Inc. investors were starting to glimpse the end of a painful demand slump, the Chinese government is making the recovery path murkier.Most Read from BloombergCarl Icahn Is $15 Billion Poorer After Hunter Becomes the HuntedMcCarthy Says Debt Deal Remains Elusive as Negotiations ResumeRussia Pushes India for Help to Avert Global Financial IsolationChina’s $23 Trillion Local Debt Mess Is About to Get WorseChina’s New Covid Wave Set to See 65 Million Cases a
Memory-chip manufacturer Micron (NASDAQ: MU) is already dealing with the worst industry downturn in more than a decade. Micron posted a whopping $2.3 billion loss, its largest ever. In a case of extremely bad timing, China's Cyberspace Administration has told operators of crucial information infrastructure in China to stop purchasing products from Micron.