Micron investors got a reality check as the market digested the company's disappointing guidance. MU's solid placement behind SK Hynix still positions it well in the rapidly evolving AI memory chips market. Increased reliance on Nvidia as AI takes center stage might elevate execution risks.
Micron Technology reported better-than-expected Q1 2025 earnings but missed Q2 sales forecasts, causing a 16% stock drop before a slight rebound. Despite the Q2 forecast miss, Micron's strong sales momentum, particularly in AI-driven data centers, suggests no reason for bearishness. Micron's stock, now cheaper, offers a healthy risk/reward ratio with a potential 44% profit growth in 2025, making it a compelling long-term investment.
Micron (MU -0.49%) management gave investors an interesting outlook for the upcoming year.
Without question, semiconductor stocks have been some of the biggest winners amid the artificial intelligence (AI) revolution. While stars such as Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom fetch the most attention, investing in the chip sector at large during the past two years has yielded market-beating returns.
NEW YORK, NY / ACCESSWIRE / December 24, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Micron Technology, Inc.("Micron" or the "Company") (NASDAQ:MU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK CITY, NY / ACCESSWIRE / December 24, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Micron Technology, Inc. ("Micron" or "the Company") (NASDAQ:MU). Investors who purchased Micron securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MU.
Micron (MU -0.44%) is forecasting a slower recovery in consumer markets, sending the stock price down.
PC sales are not expected to show any growth in 2024.
NEW YORK, NY / ACCESSWIRE / December 23, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Micron Technology, Inc.("Micron" or the "Company") (NASDAQ:MU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK CITY, NY / ACCESSWIRE / December 23, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Micron Technology, Inc. ("Micron" or "the Company") (NASDAQ:MU). Investors who purchased Micron securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MU.
Recently, Zacks.com users have been paying close attention to Micron (MU). This makes it worthwhile to examine what the stock has in store.
Micron's 1Q FY2025 earnings report triggered a sharp selloff, with the high end of 2Q guidance significantly below the market estimates. The revenue and margin weakness was driven by sluggish demand in consumer-oriented markets, which dragged down NAND revenue; however, the company expects a demand rebound in 2H FY2025. Management hinted that gross margin pressure could persist into 3Q FY2025 due to NAND headwinds.