MU May 2024 140.000 call
| Previous close | 0.5400 |
| Open | 0.1300 |
| Bid | 0.1700 |
| Ask | 0.1800 |
| Strike | 140.00 |
| Expiry date | 2024-05-24 |
| Day's range | 0.0100 - 0.2800 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.56k |
- Yahoo Finance Video
Investors eye Nvidia, Red Lobster bankruptcy: Catalysts
On today's episode of Catalysts, anchors Seana Smith and Madison Mills cover everything from AI to banks to Wrangler jeans. Ahead of the highly anticipated Nvidia (NVDA) earnings, former White House CHIPS Coordinator Aaron "Ronnie" Chatterji joins the show to dissect the impact of the Biden Administration's CHIPS Act on the semiconductor giant's operations and performance. The episode also features company updates on prominent players across various sectors. JPMorgan Chase & Co. (JPM) has raised its full-year guidance for net interest income, Micron Technology (MU) is in the spotlight after receiving an upgrade from Morgan Stanley, and Red Lobster has filed for bankruptcy. Kontoor Brands (KTB) CEO Scott Baxter joins the program to discuss how the parent company of Wrangler is navigating the current consumer landscape amid high inflation, which is straining household wallets. Baxter explains that their success stems from the fact that "the consumer right now is gonna go ahead and buy the things that they need." Furthermore, Priceline CEO Brett Keller joins the show to share his insights on consumer travel spending trends as the highly anticipated summer season approaches. This post was written by Angel Smith
ReutersMicron lifts 2024 capex forecast on rising investment in AI-related chips
Boise, Idaho-based Micron is one of the three large providers of HBM chips, an essential part of the hardware used in artificial intelligence servers. The company said in March its HBM chips, which refer to semiconductors used in the development of AI applications, were sold out for 2024.
Barrons.comChip Stocks Are Riding High on AI. Why Micron Could Be a Top Pick.
Citi analyst Christopher Danely’s target for the stock price implies a gain of roughly 17% from current levels.
