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MU News30 articles
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.
Earnings
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%.
Markets
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.
Markets
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.
Analysis
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.
Earnings
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.
Earnings
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.
Technology
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.
Markets
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.
Markets
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.
Markets
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.
Technology
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.
Analysis
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.
Markets
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.
Earnings
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.
Markets
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.
Markets
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.
Earnings
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.
Markets
Intel Rebounds from 4.2% Slide, Still Trails $95 Offering Price
Intel shares bounced back from a 4.2% slump, but the stock still trades 6.8% below its $95 offering price as high valuation and foundry losses persist.
Markets
Stocks Trim Losses as Oil Holds Near $88 and Yields Pressurize
U.S. equities trimmed early losses by late morning Tuesday, but the Nasdaq still fell 0.76% as oil near $88 and a 4.77% 10-year yield kept pressure on valuations.
Markets
Nvidia Stock Dips 1.3% as Rising Treasury Yields Weigh on AI Valuations
Nvidia shares slipped 1.3% on Tuesday, erasing $69 billion in value as rising Treasury yields pressured AI valuations. AMD and Micron also fell.
Markets
Oil Shock Amplifies Tech Selloff; Nasdaq Slides 1.1%
Tech stocks led a broad market decline as an oil shock and rising yields rattled investors. The Nasdaq fell 1.1%, while energy shares gained.
Markets
Tech Futures Slide as Oil Surge and Rising Yields Squeeze Valuations
Nasdaq-100 futures dropped 0.9% as rising oil prices and Treasury yields tightened the valuation squeeze on tech stocks, with WTI crude up 2.68% to $88.06.
Markets
Fidelity's FDTX Dips After Fee Increase, Active vs. Passive Debate Heats Up
Fidelity's Disruptive Technology ETF (FDTX) fell 0.2% after a fee increase, even as it posted a 42% YTD gain. The active fund's higher costs are under scrutiny against passive rivals.
Markets
Semiconductor Strength Offsets Megacap Weakness, Leaving QQQM Flat
QQQM finished Monday essentially unchanged as gains from chipmakers like Nvidia and Micron balanced declines in Apple and Microsoft, highlighting the fund's heavy concentration.
Markets
Micron Dips 0.3% as Q4 Guidance Tests High Bar for Margins
Micron shares dipped 0.3% on Friday despite strong Q3 results, as investors eye the September 30 report to justify an 86% gross margin forecast and $50B revenue guidance.
Earnings
Micron Stock Slight Dip Masks Strong AI Memory Outlook
Micron shares dipped 0.25% to $932.86, but strong Q3 results and an 86% gross margin forecast for Q4 underscore solid AI memory demand.
Earnings
Intel Gains 4.4% as Nvidia's Optimistic Forecast Boosts AI Chip Sentiment
Intel shares climbed 4.4% to $92.09 following Nvidia's bullish revenue forecast, which eased concerns about AI infrastructure spending. However, the stock remains below its recent $95 equity offering price.
Markets
Micron Stock Erases Nvidia Rally Gains as $1,300 Target Draws Focus
Micron (MU) shares gave back most of their Nvidia-driven gains on Thursday, with attention on a $1,300 price target. The memory maker's valuation and earnings outlook remain in focus.
Markets
Memory Stocks Recover in Overnight Trading as Tech ETFs Edge Higher
Micron and Sandisk rebounded in overnight trading, leading a broader chip recovery. QQQ rose 0.29% above its cash close.
Markets