MU
NASDAQ · Semiconductors
Micron Technology Inc
$690.00
+33.61 (+5.12%)
MU News30 articles
Micron Slips 5.3% Despite Record Earnings, P/E Drops to 11.9
Micron Technology (MU) dropped 5.3% on Friday to $884.74, bringing its P/E to 11.9 despite record annual earnings. The selloff reflects broader chip concerns and Intel's revenue warning.
SK hynix Halts Solidigm IPO, US NAND Fab Funding Unclear
SK hynix has scrapped a planned Solidigm IPO, leaving a funding gap for its U.S. NAND expansion. The group still sees the added capacity as necessary but has not disclosed fab details.
S&P 500 Dips as Rotational Buying Broadens Market Participation
S&P 500 slips 0.15% even as 71% of stocks gain, signaling rotation. Tech drags, while healthcare and real estate lead.
Nasdaq Rebounds as Chip Stocks Rally, but Market Breadth Stays Thin
Nasdaq rises 0.87% as chip stocks rebound, but breadth is weak with fewer than half of stocks advancing. Dow slips 0.15%.
Tech Selloff Defies Falling Yields; AI Capex Scrutiny Looms
The Nasdaq fell 4.5% even as yields declined, signaling a shift from rate concerns to earnings quality. AI spending and margins will be tested as major tech earnings arrive.
Semiconductor Selloff Sinks Nasdaq 2.1%; Weekly Tech Slide Deepens
Renewed semiconductor selling pushed the Nasdaq down 2.15% Friday, extending its weekly slide to 4.48%. The S&P 500 lost 1.09% as tech weakness outweighed energy gains.
Chip Rout Drags Nasdaq Down 1.4% as Dow Reverses 400-Point Gain
Chip stocks dragged the Nasdaq down 1.4% Friday, erasing a 405-point Dow advance. Energy and utilities rallied, but tech weakness dominated as AI concerns persisted.
S&P 500 Flat as Breadth Diverges from Bank, Chip Weakness
U.S. stocks finished slightly lower Tuesday, though most S&P 500 components gained. Banking and healthcare losses offset positive breadth.
Dow Hits Record High as Chip Slump Splits Wall Street
The Dow climbed to a record high Tuesday as strong bank earnings offset a global chip selloff, while the Nasdaq slipped and the S&P 500 stayed flat.
Dow Rises as Energy Gains Offset Semiconductor Slump
The Dow rose 0.4% as nine sectors advanced, but semiconductor stocks fell 2.7% on oil-driven rotation. Energy led gains; financials and tech diverged.
AI Stocks Drag Nasdaq Down 1.25% Despite Treasury Yield Retreat
The Nasdaq dropped 1.25% as AI stocks sold off, even as Treasury yields reversed lower. The S&P 500 edged down 0.47% but breadth was positive, with energy and staples leading.
S&P 500 Retreats from Record as Treasury Yields Climb Past 5.36%
The S&P 500 slipped 0.62% from its record as the 10-year Treasury yield touched 5.36% and oil prices firmed, with investors awaiting the Fed minutes and a 10-year auction.
Micron Rallies 3.2% Ahead of Earnings, 86% Margin in Focus
Micron shares gained 3.2% to $1,076.98 on Tuesday, eight days before fiscal Q4 results. The company's 86% gross margin and $50 billion revenue guidance face a critical test on September 30.
Stock Futures Rally as Oil Slump Offsets Treasury Yield Pressure
US stock futures advanced Monday as lower oil prices and constructive US-China talks improved risk appetite, with Nasdaq-100 futures up 1.09% despite the 10-year Treasury yield hovering near 5%.
QQQ Ends Flat Post-Fed Hike; Seagate Absence Highlights Index Focus
QQQ closed flat after the Fed's 25bp rate hike, with Seagate absent from the fund. Top 10 holdings drive nearly half the ETF's performance.
Micron's Valuation Can Weather a 50% Earnings Drop, But Not 75%
Micron's valuation implies a 7.9x earnings run rate. A 50% earnings reset still leaves a defensible 15.7x multiple, but a 75% decline would stretch it to 31.5x, testing investor patience.
Micron Slips 4.9% as Investors Eye $50B Q4 Guidance
Micron (MU) dropped 4.9% to $977.41 as investors brace for a demanding Q4 earnings test, with $50B revenue and 86% gross margin guidance at stake.
Micron's DRAM Revenue Surges 65.5% as Price Growth Slows
Micron's DRAM revenue surged 65.5% Q/Q in calendar Q2, outpacing industry growth. But memory price increases are expected to moderate sharply.
Silicon Motion Surges 8.7% on EU Cyber Milestone, but Full Compliance Awaits
Silicon Motion shares rose 8.7% after an early EU cyber-compliance milestone, yet full CRA compliance is still pending. Strong Q2 results and guidance also support the rally.
KOSPI Surges 3.9% on Chip Rally, Yet Breadth Remains Negative
Seoul's KOSPI surged 3.9% to 6,949.54, but 441 stocks fell, indicating a narrow chip-led rally. Goldman Sachs maintains a 12,000 target.
Kioxia Surges 8% on AI Memory Demand and Record Chip Equipment Spending
Kioxia shares soared 8% to ¥58,750 as record chip equipment spending and U.S. memory stock gains revived NAND trade. AI data center demand drives bullish outlook.
Samsung Rally Fueled by Memory Boom, Consumer Division Still Bleeding
Samsung's stock rose 3.9% on memory strength, but its device division remains unprofitable. HBM share gains offer hope, but the company's reliance on one segment is risky.
ASML Jumps $26.5B as Memory Optimism Lifts Semiconductor Sector
ASML shares climbed 4.17% on Friday, adding roughly $26.5 billion to market value, after bullish analyst notes on memory-chip makers Micron and Sandisk fueled optimism about AI-driven demand for lithography tools.
SK hynix ADS Soars 8% Yet Trades at 46% Premium to Seoul Shares
SK hynix ADS jumped 8.1% to $177, trading 46% above its Seoul equivalent, implying a $405B valuation gap. Solidigm strategic review adds uncertainty.
SK hynix ADS Premium Hits 46%, Signaling $405B Valuation Gap
SK hynix ADS jumped 8.1% to $177, trading at a 46% premium to Seoul shares. The gap implies a $405B valuation difference, with Solidigm review and buyback in focus.
Micron Surges 6% to $1,016 on Bullish $1,325 Target
Micron shares jumped 6% to $1,016.59 after a $1,325 price target from Lynx Equity Research. The chipmaker's aggressive Q4 guidance of $50B revenue and 86% gross margin will be tested on September 30.
Chip Rally Shields Tech From Rate Jitters as Jobs Data Surprises
Strong August jobs data revived rate concerns, dragging the S&P 500 down 0.4%. Chip stocks surged 3.5% on resilient demand, while small caps gained.
Sandisk Stock Soars 10.5% as NAND Pricing Momentum Builds
Sandisk shares surged 10.5% after strong Q4 results and robust NAND pricing. The company's 84.6% gross margin raises questions about sustainability.
Micron Rebounds 2.4% as Memory Prices Surge, Q3 Margins Hit 84.9%
Micron (MU) recovered from an early 1.6% drop to close up 2.43% as memory prices firmed. Q3 non-GAAP gross margin hit 84.9%, with Q4 guidance of $50B revenue and ~86% margin.
Small Caps Lead Wall Street Rebound, But Market Internals Stay Weak
The Russell 2000 climbed 1.13% on Wednesday, leading a broad market rebound, yet new lows continued to outpace highs. Dell surged on strong guidance, while ADP data showed sluggish hiring.