Micron (NASDAQ: MU) posted its latest earnings report on Sept. 27. Its adjusted net loss of $1.2 billion marked a steep drop from adjusted net profit of $1.6 billion a year ago, but its adjusted net loss of $1.07 per share cleared the consensus forecast by $0.11. Micron's slowdown wasn't surprising since its growth has been throttled by the broader slowdown of the semiconductor market, but its stock still dipped after the report and remains more than 30% below its all-time high from last January.
By Louis Juricic and Sarina Isaacs
In today's video, I discuss updates affecting Intel (NASDAQ: INTC), Qualcomm (NASDAQ: QCOM), Micron Technology (NASDAQ: MU), Advanced Micro Devices (NASDAQ: AMD), ASML Holdings (NASDAQ: ASML), and other semiconductor companies.