Micron Technology, Inc. (MU)
|Net Income (ttm)||9.92B|
|Ex-Dividend Date||Jul 8, 2022|
|Day's Range||62.23 - 65.42|
|52-Week Range||51.40 - 98.45|
|Price Target||79.00 (+21.5%)|
|Earnings Date||Sep 26, 2022|
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, whi... [Read more...]
In 2021, MU's revenue was $27.71 billion, an increase of 29.25% compared to the previous year's $21.44 billion. Earnings were $5.86 billion, an increase of 118.12%.Financial Statements
According to 45 analysts, the average rating for MU stock is "Buy." The 12-month stock price forecast is 79, which is an increase of 21.46% from the latest price.
Electric vehicles will be getting big incentives and need lots of semiconductors, while a recent report on Apple put some market fears to rest.
The stock market rally continued to move higher, despite some intraday reversals and key warnings. Can the major indexes keep advancing?
Wolfe Research's Chris Senyek on buyback tax: Big companies may turn more domestic
Chris Senyek, Wolfe Research chief investment strategist, joins 'The Exchange' to discuss which companies will be hit the most from the Inflation Reduction Act tax on buybacks.
These semiconductor giants made a significant impact this week.
Jim Cramer breaks down shares of Meta, Micron, Eli Lilly and more
'Mad Money' host Jim Cramer and the 'Squawk on the Street' team break down stocks to watch following the opening bell on Wednesday.
It's been a tough week for chip stocks. On Monday, Nvidia had warned its revenues would be well below its guidance as gaming revenue slowed.
Micron Warning Adds to Evidence of Chip Demand Collapse
Semiconductors are under a lot of pressure as Micron Technology Inc.'s latest warning spooks the market. Su Keenan reports on Bloomberg Television.
Semi slump: Micron warns
Another warning from the chip sector, as Micron cuts its forecast 40 days after its last warning. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Dan Nathan, Bonawyn Eison and Julie Biel.
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Rajvindra Gill, Needham managing director, joins 'Closing Bell' to discuss to discuss Micron shares and the semiconductor sector.
Chip stocks have gotten a major boost in recent weeks thanks to Congress. Policymakers' big plan to bring chip manufacturing back to the U.S. will funnel billions into the market.
Another day, another chip company warns on cratering demand.
Micron's $40 billion investment is possible with the help of the CHIPS and Science Act, which includes $52.7 billion for American semiconductor financing.
President Biden's signing of the Chips Act is greeted with a broad warning of demand slowdown by the memory-chip maker.
Micron Technology Inc (NASDAQ: MU) blamed “waning demand” and lowered its outlook for the current financial quarter on Tuesday. Shares are down 5.0% at the time of writing.
Watch for a retest of the bottom in semis, says Ritholtz's Josh Brown
CNBC's ‘Halftime Report' investment committee, Stephanie Link, Anastasia Amoroso, Josh Brown and Jim Lebenthal, discuss how to trade in semis as the sector slides.
Memory-chip maker Micron Technology on Tuesday warned of weakening demand and lowered its sales target for the current quarter. The post Micron Warning Pulls Down Semiconductor Stocks appeared first on ...
Jim Cramer breaks down semiconductor stocks amid concerns over outlook
'Mad Money' host Jim Cramer and the 'Squawk on the Street' team break down shares of semiconductor companies like Nvidia, Micron, and more following the opening bell.
We are very bullish on semiconductor stocks going into next year, says BofA's Vivek Arya
Vivek Arya, Bank of America analyst, joins 'TechCheck' to discuss how quickly chip-making companies can work through current headwinds, the technologies he is bullish on and his view of the CHIPS Act.
The Chips and Science Act is 'leveling the playing field,' says Micron CEO
Micron CEO Sanjay Mehrotra joins CNBC's 'Squawk Box' to discuss the CHIPS Act, which President Joe Biden plans to sign on Tuesday. For access to live and exclusive video from CNBC subscribe to CNBC PRO:...
Shares of chip-equipment companies Lam Research Corp. LRCX, -7.75% , Applied Materials Inc. AMAT, -6.93% and KLA Corp. KLAC, -6.59% are falling in Tuesday morning trading after Micron Technology Inc. MU...
Micron CEO on US Production Investment, Sales Forecast
Micron Technology CEO Sanjay Mehrotra discusses the semiconductor firm's plan to invest $40 billion in US-based memory chip manufacturing, fourth-quarter sales outlook, and managing product demand on "B...
Micron (MU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Micron reduces Q4 chip sales forecast, stock falls premarket
Yahoo Finance Live anchors Brad Smith, Julie Hyman and Brian Sozzi discuss Micron stock performance.