Pierre Ferragu, head of tech infrastructure research at New Street Research, says Micron didn't want to set expectations too high when the chipmaker told investors margins will miss analysts' estimates this quarter. Ferragu spoke with Tim Stenovec on “Bloomberg Technology.
I believe the Micron Technology, Inc. post-earnings selloff was exaggerated, especially considering the strong momentum in HBM revenue growth and 2025 capacity is already sold out. I still don't see clear signs of demand recovery in the mobile and storage segments. That said, FQ3 guidance has priced in the current headwinds in these 2 segments. Speaking of headwinds, I think the trends in NAND pricing look pretty weak. The picture doesn't improve when factoring in rising inventories and ongoing margin pressure heading into FQ3.
Shares of Micron Technology (MU) turned lower Friday after the company's fiscal second-quarter results a day earlier, but analysts have remained bullish on the memory chip company.
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 0.1% on Friday.
Computer memory maker Micron Technology (MU -7.65%) saw its stock slide an unlucky 7% through 10:30 a.m. ET Friday, despite exceeding expectations on its fiscal second-quarter 2025 earnings report last night.
Shares of Micron Technology Inc. (NASDAQ:MU ) tanked in early trading Friday, even after the company reported upbeat fiscal second-quarter results.
Micron's shares fell 8% on Friday, as its dour margin forecast took the shine off a robust quarterly revenue outlook driven by demand for its semiconductors used in artificial intelligence tasks.
Micron's second-quarter fiscal 2025 results reflect the benefit of strong traction in the HBM portfolio, which crosses $1 billion in sales.
Micron Technology Inc MU reported better-than-expected second-quarter financial results Thursday.
Market gloom on Friday was overshadowing the company's better-than-expected earnings.
Chipmaker Micron Technology (MU) beat its fiscal second quarter earnings estimates, posting revenue of $8.05 billion (vs. estimates of $7.91 billion) and adjusted earnings per share of $1.56 (vs.
Markets close lower, Micron jumps on earnings beat, Nike reports Q3 earnings Market Domination anchor Julie Hyman and Yahoo Finance Senior Markets Reporter Josh Schafer take a look at the trading day's top stories for March 20, 2025. The brief Fed-fueled rally has stalled, leading the major indexes to close in the red.