Micron Technology Inc. (MU)
Micron Lands $6 Billion in Federal Grants To Make Chips in US
The Commerce Department said Tuesday that Micron Technology (MU) has been awarded up to $6.165 billion to make semiconductors in the U.S. as part of the CHIPS and Science Act of 2022.
3 Semiconductor Stocks Facing Sector Pressure
Shares of semiconductor firms Micron Technology Inc (NASDAQ:MU) , Intel Corp (NASDAQ:INTC), and Advanced Micro Devices, Inc. (NASDAQ) are all moving lower today.
Micron Receives $6.2 Billion in Chips Act Funding
The government said the funds would “strengthen U.S. economic resiliency.”
US finalizes more than $6.1 bln chips subsidy for Micron Technology
The U.S. Department of Commerce has finalized a subsidy of more than $6.1 billion for memory chip maker Micron Technology to support the construction of several domestic semiconductor facilities, according to a White House statement on Tuesday.
Micron Q1 Preview: Mixed Signals Going Into Earnings
Growth and market share gains are expected in Micron's DRAM business, driven by both price and volume tailwinds. Although data suggests that Sep 2024 has been good for Micron's NAND business, the outlook is more challenging with pricing cuts and a slowdown in order demand. MU valuations are at a premium relative to both its peers and the broader historical P/B valuation band, reducing the attractiveness of buys.
Micron Trading at a Low P/E Multiple: Time to Buy the Stock?
MU's low P/E and AI-driven growth offer promise, but near-term risks suggest holding the stock is the best move.
Why Micron (MU) Outpaced the Stock Market Today
Micron (MU) concluded the recent trading session at $101.17, signifying a +0.3% move from its prior day's close.
Why Micron Could Double Its Valuation
Micron is poised for a strong earnings release on December 18, 2024, driven by a high-bandwidth memory ramp and favorable EPS estimate revisions. Micron's HBM3E chip is expected to significantly boost revenue and could lead to gross margin gains in FY 2025. The market outlook is very favorable as well. Micron is buying back a lot of its own shares, and strong market conditions in the memory market in FY 2025 could lead to more capital returns.
Why Micron Technology Rallied Today
Shares of Micron Technology (MU 2.21%) were rallying today, especially in comparison to the overall semiconductor sector. Micron shares rose as much as 5.2% before settling into a 2.8% gain as of 11:53 a.m.
Micron Technology, Inc. (MU) is Attracting Investor Attention: Here is What You Should Know
Micron (MU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is It Worth Investing in Micron (MU) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
One Stock Will Outgrow Nvidia At Year's End, Analysts Say
Nvidia won investors' respect this year with its off-the-hook revenue growth. But the S&P 500 AI champ is about to get bumped to second place.
