MU
NASDAQ · Semiconductors
Micron Technology Inc
$877.57
-3.90 (-0.44%)
MU News30 articles
Micron Dips 1.2% as Storage Selloff Softens on Long-Term Contracts
Micron (MU) slipped 1.2% despite a storage selloff, as multi-year contracts cushion the blow. Citi trims price target to $1,150, maintaining Buy.
SK hynix's $38B Fab Plan Coincides With $53T Market Cap Loss
SK hynix's market value plunged 53.3 trillion won on Friday, almost equal to its new fab investment. The stock dropped 4.88% to 1,422,000 won.
Micron Rebounds Sharply as AI Memory Demand Offsets Storage Sector Jitters
Micron (NASDAQ:MU) rebounded 8.4% from its session low after the company raised fiscal 2027 earnings forecasts, underscoring investor confidence in AI-driven memory demand.
Western Digital Tumbles 15% as Margin Outlook Tempers AI Storage Rally
Western Digital (WDC) dropped 15% in premarket trading as investors focused on slowing margin growth despite strong Q4 results and upbeat guidance.
AI Earnings Bar Too High as Nasdaq Futures Slide
Nasdaq futures fell 0.6% as AI stocks faced elevated earnings expectations. Western Digital, Sandisk, Datadog, and AppLovin dropped despite strong results.
VTI Rises 2% as AI Rally Broadens Beyond AMD
VTI advanced 2% as AI and semiconductor stocks rallied broadly. AMD's 9% surge contributed only a small portion of the fund's gains, with other tech names leading.
SK hynix ADR Premium Nears 38% as Wall Street Bets Big on AI Memory
SK hynix's US-listed shares jumped 6.4% to $151.84, implying a 37.5% premium over Seoul-listed shares. Brokerages initiate bullish coverage, but DRAM market share concerns loom.
Micron's Low P/E Signals Memory Price Gamble
Micron's stock is valued at just 5.3 times fiscal 2027 earnings estimates, a level that hinges on memory pricing staying high. CXMT's expansion plans add uncertainty.
Nvidia's Cash Flow Dominance Shines as Goldman Downgrades Broadcom
Nvidia's robust growth and cash generation stand out as Goldman Sachs drops Broadcom from its top picks. AMD and Micron face valuation and supply concerns.
Micron Shares Slide as China Capacity Fears Trump DRAM Price Gains
Micron (NASDAQ:MU) dropped 3.5% despite DRAM spot price gains, as worries over Chinese rival CXMT's capacity expansion overshadowed near-term pricing strength.
Dow Futures Surge as Oil Prices Slump, Tech Lags Ahead of ISM Data
U.S. stock futures advanced Monday with the Dow leading gains as oil prices plunged and Treasury yields slipped. Investors await ISM manufacturing data.
SK hynix ADR Premium Narrows to 21% After Seoul Shares Surge
SK hynix shares surged 30% in Seoul, narrowing the ADR premium to ~21%. Q2 results missed estimates on HBM4 delays, but demand stays robust.
Micron Shares Slide 10.6% Amid Memory Price Concerns
Micron shares dropped 10.6% last week, even as the company projected strong Q4 growth, reflecting investor concerns about peak memory pricing.
Wall Street Kicks Off August with Modest Gains Ahead of Jobs Report
The S&P 500 gained 0.7% on Friday, though declining stocks outnumbered advancers. Investors await July payrolls data, with Amazon leading gains while Apple fell.
AI Selloff Widens as Cloud Growth Becomes Key Market Divider
Microsoft and Amazon gained nearly $841B combined on cloud strength, while Meta and Alphabet fell on weaker cash conversion. Chip stocks remain under pressure.
SK hynix ADR Premium Narrows to 21% as Seoul Shares Rebound
SK hynix shares rebounded 29.95% in Seoul on Friday, yet the ADR premium persists at 20.7%. Robust chip export data and record Q2 earnings underpin the bullish demand narrative.
Samsung's Semiconductor Unit Drives 99.7% of Q2 Profit, Stock Jumps 27%
Samsung's Q2 profit soared, with chips making up 99.7% of operating earnings. The stock jumped 27% on Friday, but analysts warn of concentration risks.
Micron Stock Slides 10.6% Despite Memory Market Strength
Micron (MU) shares dropped 10.6% this week to $823.03 despite robust memory demand and record gross margins of 86% forecast for Q4.
Micron Climbs Past $900 as Memory Shortage Worsens
Micron shares surged past $900 premarket as Samsung warned of memory shortages through 2028 and Apple flagged component constraints, underscoring strong supplier pricing power.
S&P 500 Gains 1.45% as Microsoft Surge Masks Weak Breadth
The S&P 500 rose 1.45% and Nasdaq 2.53% on Thursday, driven by a 17% surge in Microsoft (MSFT) shares, yet declining stocks outnumbered gainers 2:1, highlighting weak market breadth.
Semiconductor ETFs Surge: SOXX Outpaces SMH as Nvidia Weighting Gap Widens
SMH gained 6.5% but underperformed SOXX's 8.4% rise on Thursday, as Nvidia's 21.7% SMH weighting limited gains. Broader participation lifted SOXX.
AI Stocks Propel Nasdaq Higher Despite Broad Market Weakness
The Nasdaq surged 2.43% as AI-driven stocks rallied, but over 70% of S&P 500 stocks fell, highlighting a narrow market advance.
Sandisk Stock Plunges 55% in July, Erasing $198 Billion in Market Cap
Sandisk (SNDK) lost 55% in July, erasing nearly $200 billion in market cap as investor expectations for Q4 earnings outpace guidance.
Sandisk's $198B July Plunge: Earnings Hurdle Looms Large
Sandisk shares plummeted 55% in July, erasing nearly $198 billion in market cap, as Q4 EPS consensus rose 5.1% above management's guidance ceiling.
Micron Plunges 10% as Memory Rally Faces Sustainability Doubts
Micron lost $92B in market value Wednesday as the memory rally faces scrutiny over sustainability, margins, and Chinese competition.
Wall Street Suffers Steep Losses as Fed Holds Rates Steady
U.S. stocks dropped sharply Wednesday after the Fed held rates steady and oil prices surged, with the Dow losing over 1,150 points as AI hardware stocks led declines.
Oil Spike and Fed Jitters Drag Dow 852 Points; Two Stocks Account for Most of the Drop
US stocks slid midday Wednesday, with the Dow down 852 points, as oil prices surged and the Fed decision approached. Two high-priced components accounted for most of the drop.
Micron Shares Slide on Concerns Over Peak Memory Profit Sustainability
Micron shares dropped 5.4% on Wednesday, extending a three-session decline to 15.8%, as investors focus on the durability of peak memory margins rather than near-term earnings strength.
Nocera Shares Surge 108% After $408K QMAX Deal
Nocera shares rocketed 108.4% to $2.98 after announcing a $408,000 all-stock deal for a 30% interest in QMAX Technology, driving a $2.4 million equity gain.
Wall Street Slides as Oil Surge Compounds AI Sector Woes Ahead of Fed Decision
U.S. stocks fell as oil surged 7% on inventory draw, intensifying AI sector selloff ahead of Fed rate decision.