Micron's (MU -2.88%) management team highlighted critical insights that investors should know.
Tariffs on semiconductors change the landscape and business models of IC vendors. Companies with US fabs may have a potential advantage over the near term. Intel. Micron, and Texas Instruments are the most notable examples, but a variety of companies have US fabs – and more are coming.
Micron reported $8.1B in Q2-FY25 revenue, up 38% YoY, with DRAM contributing $6.1B and rising 47%. HBM demand remains strong, with CY25 supply sold out and CY26 contracts underway; TAM revised to over $35B. Valuation metrics show deep discounts, including a forward P/E of 13.53 vs. sector median of 22.10 (–39% gap).
Though Micron Technology (MU -2.88%) stock has witnessed big swings so far in 2025, shares of the memory specialist are still up 15% this year, as of this writing, and it looks like the stock is set to fly higher following the release of its fiscal 2025 second-quarter results.
Micron (MU -1.00%) hasn't received as much attention as other chip stocks like Nvidia in the artificial intelligence (AI) era, but the memory-chip maker is emerging as one of many winners from the emerging technology.
In today's video, I discuss Micron Technology (MU -1.00%), its business strategy, growth opportunities, potential risks, and why investors should not ignore this AI stock.
Micron Technology (MU -2.06%) recently reported another quarter of strong demand for its memory products. Baird analyst Tristan Gerra updated his guidance as a result, maintaining an outperform (buy) rating on the shares and changing the firm's price target from $130 to $163.
Self-help authors tell people to “keep the main thing the main thing.
Investors might be tempted to do some bottom fishing with Micron Technology, Inc.'s stock's recent price dip. The current low P/E adds further alure. However, I want to remind investors that P/E is a horrible leading indicator for cyclical stocks like MU.
Micron Technology, Inc. sold off post-2Q25 earnings on gross margin concerns; Wall Street's panic selling is a buying opportunity. DRAM and NAND price increases, with spot prices already going north week to week, should reverse margin panic into 2H25. DRAM sales, amounting to ~76% of total sales this quarter, should also grow with content growth in AI server and PC recovery.
This year has been absolutely brutal for technology stocks so far. In particular, the semiconductor industry has witnessed some notable sell-offs.
Shares of memory giant Micron (MU 2.32%) fell more than 8% last Friday following its late Thursday earnings release.