Ivan Feinseth and Kim Forrest break down Micron's (MU) earnings report to explain why it's a crucial piece to the bigger picture of A.I. They also look into where Micron stands in the A.I.
Bill Baruch, founder and president at Blue Line Capital, joins CNBC's “Halftime Report” to break down his latest trade in Micron.
Micron Technology (MU) shares surged Thursday after the memory chip maker's revenue and outlook blew past expectations, leading Nvidia (NVDA) and other semiconductor stocks higher.
Micron Technology (MU) posted fourth-quarter results that surpassed Wall Street expectations on both revenue and earnings. The semiconductor giant also raised its guidance for the next quarter, sparking a widespread rally in global chip markets.
Micron Technology shares are experiencing their biggest daily gain in over a decade. The growing demand for AI chips that drove last quarter's earnings beat is expected to persist into the foreseeable future.
Semiconductor stock Micron Technology Inc (NASDAQ:MU) is soaring today and taking the rest of the sector with it.
Stocks (^DJI, ^IXIC, ^GSPC) kicked off Thursday's trading session in the green as markets aim to recover from the previous day's losses. The upward trajectory is fueled by Micron Technology's (MU) better-than-expected fourth quarter earnings report, which has boosted the Nasdaq Composite Index (^IXIC) and global semiconductor markets.
Aaron Rakers, Wells Fargo analyst, joins CNBC to discuss his buy rating on Micron, where the company stands among the big beneficiaries of AI, and more.
Micron Technology, Inc. NASDAQ: MU proved the doubters and analysts wrong with a Babe Ruth-style homerun earnings report that saw revenues nearly double YoY driven by the artificial intelligence (AI) boom. The irony is that at least three analysts downgraded, trimmed estimates or lowered price targets for Micron ahead of its fiscal fourth-quarter earnings report, sending shares as low as $84.12 on Sept.
Micron CEO Sanjay Mehrotra joins CNBC's 'Squawk on the Street' to discuss his company's earnings beat, demand for AI resources, and more.
Micron Technology, Inc.'s stock dropped nearly 50%, making it a strong buy at $80-100 due to its low valuation and solid earnings. Micron's leadership in memory chips and AI demand, especially from data centers, positions it for substantial future growth. Micron's recent earnings beat expectations, with robust guidance and a potential forward P/E ratio of around seven, indicating undervaluation.
Micron Technology, Inc. is attractively valued at an estimated 12x forward non-GAAP EPS, with strong momentum in data centers and AI markets. Despite some concerns with debt and competitive pressures, Micron's robust guidance for fiscal 2025 supports a compelling value proposition. Micron's investment in advanced technologies, including AI memory solutions, is expected to drive continued growth in fiscal 2025.