| 2024-11-18 | +1.21 % |
|
| 2024-11-15 | -2.86 % |
|
| 2024-11-12 | -4.19 % |
|
| 2024-11-04 | +2.01 % |
|
| 2024-10-31 | -4.26 % |
|
| 2024-10-30 | -3.79 % |
|
| 2024-10-29 | +1.68 % |
|
| 2024-10-28 | -1.41 % |
|
| 2024-10-25 | +0.99 % |
- Micron Technology (MU) stock rose by 0.99% due to positive analyst commentary on AI chip stocks, highlighting a significant increase in capital expenditures for AI data centers, which bodes well for semiconductor companies like Micron involved in AI infrastructure.
- Micron Technology (MU) stock rose by 0.99% following Woodard & Co. Asset Management Group Inc.'s recent acquisition of 8,738 shares, indicating growing investor interest and confidence in the semiconductor manufacturer's prospects.
- Micron Technology's stock (MU) rose 0.99% after Eastern Bank and several other large investors increased their positions in the company, highlighting growing institutional confidence, alongside positive earnings results and stronger-than-expected revenue performance for the recent quarter.
- Micron Technology (MU) stock rose by 0.99% following a substantial increase in institutional investment, with Bogart Wealth LLC significantly boosting its stake, alongside positive quarterly earnings that exceeded analysts' expectations.
The increase in Micron's stock is primarily attributed to the strong performance in its quarterly earnings report, which outperformed expectations, as well as a growing interest from institutional investors actively increasing their holdings in the company.
|
| 2024-10-24 | +1.71 % |
|
| 2024-10-23 | -2.57 % |
|
| 2024-10-22 | -1.16 % |
|
| 2024-10-21 | -1.86 % |
|
| 2024-10-18 | -0.8 % |
|
| 2024-10-17 | +2.57 % |
|
| 2024-10-16 | +4.72 % |
|
| 2024-10-15 | -3.71 % |
|
| 2024-10-14 | +1.33 % |
|
| 2024-10-11 | +1.16 % |
|
| 2024-10-10 | +3.92 % |
|
| 2024-10-09 | -0.82 % |
|
| 2024-10-08 | -0.36 % |
|
| 2024-10-07 | +0.65 % |
|
| 2024-10-04 | +0.42 % |
|
| 2024-10-03 | +1.97 % |
|
| 2024-10-02 | -0.46 % |
|
| 2024-10-01 | -3.28 % |
- Micron Technology (MU) stock fell by 3.28% despite strong demand and positive financial results due to broader market trends and possibly profit-taking by investors, as the overall semiconductor sector has seen significant gains leading to a cautious trading environment.
- Micron Technology (MU) stock fell 3.28% due to an insider selling shares, leading to a decrease in trading volume.
- Micron Technology's stock (NASDAQ:MU) fell by 3.28% following the restatement of its "overweight" rating and a $150.00 price target by Cantor Fitzgerald, indicating differing investor sentiment or concerns about the semiconductor market.
- Micron Technology (MU) stock fell by 3.49% despite an Overweight rating and a $150 price target from Cantor Fitzgerald analyst C J Muse, primarily due to investor concerns about bit oversupply in the DRAM market, especially given the projected delay in new bit output until 2026, and uncertainty regarding the broader geopolitical environment related to sales embargoes.
- Micron Technology (MU) stock declined by 3.28% due to investor concerns over a dockworkers' strike affecting major U.S. ports, which could disrupt the semiconductor supply chain and accelerate inflation, despite the absence of company-specific news.
- Micron Technology (MU) stock declined by 3.28% after EVP April S. Arnzen sold 4,890 shares, which may signal insider selling and raise concerns among investors about the company's future performance.
|
| 2024-09-30 | -3.53 % |
|
| 2024-09-27 | -2.17 % |
|
| 2024-09-26 | +14.73 % |
- Micron Technology (MU) stock rose 15% due to a strong revenue forecast indicating high demand for semiconductors essential for generative AI technology, which also boosted other chip stocks.
- Micron Technology Inc. saw a 14.73% increase in its stock prices following strong sales and profit forecasts driven by surging demand for artificial intelligence-related products, which has allowed the company to raise prices and secure significant long-term contracts.
- Micron Technology Inc. shares rose 14.73% following strong fiscal fourth-quarter results, which included better-than-expected earnings and revenue growth, along with a positive outlook driven by robust demand for high-bandwidth memory from the booming AI sector. The stock's increase can be attributed to impressive earnings beats, a substantial revenue forecast that exceeded analyst expectations, and a favorable supply-demand environment in the memory chip market, particularly related to AI applications.
- Micron Technology's stock rose by 14.73% due to positive momentum in the semiconductor sector, driven by bullish sentiment towards chip stocks, including Western Digital and Nvidia.
- Micron Technology's stock surged 14.73% due to its strong revenue forecast, which highlighted robust demand for memory chips used in artificial intelligence computing, amidst a backdrop of positive economic news and speculation about fiscal stimulus in China.
- Micron Technology (MU) stock surged by 14.73% after the company reported strong sales driven by increased demand for memory chips, particularly from the AI sector.
- Micron Technology's stock rose 14.73% after the company reported stronger-than-expected fourth quarter earnings and a positive outlook, contributing to optimism in the broader AI investment theme.
- Micron Technology (MU) stock surged by 14.73% due to positive market sentiment and strong performance in technology stocks, influenced by optimism regarding global demand and favorable economic indicators.
- Micron Technology (MU) stock surged 16% in premarket trading due to a strong earnings report and optimistic outlook driven by robust demand for AI, which also positively impacted other chipmakers.
The increase in Micron's stock is attributed to its fiscal fourth-quarter profit and revenue nearly doubling, exceeding expectations amid strong market demand for memory chips driven by AI applications.
- Micron Technology's stock soared 14.73% as its Q1 revenue forecast exceeded analyst estimates, reflecting strong performance and optimism about its potential to benefit from increasing demand for AI-driven memory solutions.
|
| 2024-09-25 | +1.88 % |
- Micron Technology (MU) stock rose by 1.88% due to a general positive trend in the stock market, which influenced investor sentiment favorably despite some caution ahead of monthly derivatives expiry.
- Micron Technology (MU) stock rose 1.88% due to the company's strong fiscal fourth-quarter results, which included a significant profit turnaround and revenue that nearly doubled, driven by high demand in the AI sector, along with an optimistic outlook for the upcoming quarter.
- Micron Technology's stock rose by 1.88% due to investor optimism regarding strong demand for AI-related memory chips ahead of its earnings report, despite ongoing weakness in other markets like PCs and smartphones.
- Micron Technology's stock rose 1.88% following the announcement of strong fiscal fourth quarter results for 2024, which included 93% year-over-year revenue growth driven by high demand for AI-related products, record NAND sales, and optimistic forecasts for fiscal 2025.
- Micron Technology (MU) stock rose by 1.88% due to its recent announcement of a new high-performance solid-state drive that significantly enhances speed and capacity, aligning with the ongoing growth and investment in the AI sector.
- Micron Technology's stock rose 1.88% as it approaches its earnings report, amid strong expectations for growth driven by robust demand in artificial intelligence, despite its recent downtrend and historical earnings volatility.
- The article discusses the impact of declining U.S. household confidence and increasing interest rate cut expectations on the stock market, including Micron Technology (MU), which saw a 1.88% rise. Micron's stock likely rose due to positive sentiment surrounding anticipated monetary easing that may benefit tech stocks and improve market conditions.
|
| 2024-09-24 | +0.46 % |
|
| 2024-09-23 | +2.94 % |
|
| 2024-09-20 | +1.85 % |
|
| 2024-09-19 | +2.18 % |
|
| 2024-09-18 | -1.56 % |
|
| 2024-09-17 | +1.78 % |
|
| 2024-09-16 | -4.43 % |
|
| 2024-09-12 | -3.79 % |
|
| 2024-09-06 | -3.37 % |
|
| 2024-09-05 | +0.11 % |
|
| 2024-09-04 | +0.8 % |
|
| 2024-09-03 | -7.96 % |
|
| 2024-08-14 | +3.05 % |
|
| 2024-08-13 | +2.96 % |
|
| 2024-08-12 | +1.68 % |
|
| 2024-08-09 | +1.1 % |
|
| 2024-08-08 | +6.07 % |
|
| 2024-08-07 | -2.47 % |
|
| 2024-08-05 | -2.46 % |
|
| 2024-08-02 | -8.68 % |
|
| 2024-08-01 | -7.57 % |
|
| 2024-07-24 | -3.47 % |
|
| 2024-07-23 | -0.89 % |
|
| 2024-07-22 | +0.89 % |
- Micron Technology (MU) stock rose by 0.89% as a top-performing Taiwan tech fund anticipates sustained demand for artificial intelligence will continue to drive an upward trend in the semiconductor cycle, despite concerns about overvaluations in the sector.
- Micron Technology (MU) stock increased by 0.89% despite Citi analysts predicting poor performance due to anticipated developments at Samsung, as overall positive sentiment in the semiconductor sector and investor shifting interest towards other stocks like Broadcom (AVGO) may have contributed to MU's slight rise.
- Micron Technology's stock (MU) increased by 0.89%, primarily because institutional ownership at 82% indicates strong trading sensitivity, and despite recent sell-offs by insiders, the stock's significant past performance offers some stability, which may have reassured investors.
- Micron Technology (MU) stock rose by 0.89% as Citi maintained a Buy rating with a price target of $175, despite concerns about potential short-term pressures from competition, particularly with Samsung's anticipated HBM qualification with NVIDIA. The stock's increase can be attributed to positive revenue projections, upgrades from analysts, and confidence in Micron's long-term growth potential despite competitive challenges.
|
| 2024-07-18 | -1.72 % |
|
| 2024-07-17 | -6.27 % |
|
| 2024-07-16 | -2.58 % |
|
| 2024-07-12 | +2.55 % |
|
| 2024-07-11 | -4.52 % |
- The article discusses how hedge funds are showing interest in South Korea's chipmakers, such as SK Hynix and Samsung Electronics, due to the increasing demand for high-end memory chips driven by the AI industry, which has resulted in these stocks being undervalued compared to other Asian AI-related companies like Taiwan's TSMC. Micron Technology(MU) stock went down as technology firms in the generative AI race are focusing on securing high-bandwidth memory (HBM) chips primarily manufactured by South Korean companies like Hynix and Samsung and there has been a shift in the chip industry towards manufacturing HBM, leading to a rise in chip prices and expectations of further growth in the second half of the year for companies like Samsung.
- The article discusses how hedge funds are increasingly investing in South Korea's chipmakers like SK Hynix and Samsung Electronics due to the growing demand for high-end memory chips, government support for the industry, and potential AI-related opportunities, with Micron Technology also mentioned as a key player. Micron Technology (MU) stock may have gone down due to concerns about competition and performance compared to other Asian AI players, as well as broader market factors influencing semiconductor stocks.
- The article discusses how chipmakers, including Micron Technology (MU), receiving subsidies were found to have spent significant amounts on stock buybacks rather than investing in their workforce, leading to a negative impact on their stock prices, such as Micron Technology's recent 4.52% decline due to concerns over misuse of funds and stock buybacks.
|
| 2024-07-10 | +4 % |
|
| 2024-07-09 | +0.34 % |
- The article discusses how Micron Technology (MU) stock increased by 0.34% and attributes the rise to ClearBridge Value Equity Strategy highlighting the company's strong performance in designing, manufacturing, and selling memory and storage products, as well as the anticipated demand growth for storage essential for AI models.
- KeyBanc increased Micron Technology's (MU) price target to $165 and maintained an Overweight rating, indicating confidence in its market performance, as the company is poised to benefit from competitor Samsung's challenges in the HBM3e segment, potential market share gains, the introduction of HBM4 memory technology, and the transition to custom interfaces, all driving the stock up by 0.34%.
- The article discusses how analysts are bullish on Nvidia (NVDA) stock due to the upcoming Blackwell system, which could also benefit its partners like Micron Technology (MU) as Micron provides memory solutions for Nvidia's AI chips, leading to Micron's stock going up by 0.34% last night.
|
| 2024-07-05 | -3.82 % |
|
| 2024-07-02 | +0.81 % |
|
| 2024-07-01 | -0.01 % |
|
| 2024-06-28 | -0.53 % |
- Summary: Nvidia is expected to remain the leader in AI training chips, with the roll-out of their next-generation Blackwell system, leading to Micron Technology's stock decrease due to a subdued forecast for AI chip sales impacting its revenue outlook.
Reason for Micron Technology (MU) stock going down: Micron Technology's stock declined as it provided a subdued forecast for AI chip sales in its fiscal fourth quarter, matching market expectations, which underperformed compared to broader tech stocks due to the anticipated slowdown in demand for high bandwidth memory chips essential for AI training, leading to concerns about revenue growth and following a period of significant stock price appreciation already pricing in expected growth.
- Micron Technology (MU) stock was down -0.53% following the company's fiscal third quarter 2024 earnings call where they reported a better-than-expected EPS of $0.62. The stock likely went down due to the impact of operational disruptions caused by a recent earthquake in Taiwan, leading to lower revenue and concerns about maintaining current bit share and memory bit supply growth in line with industry demand in the long term.
- Summary: Nvidia's CEO remains bullish on their AI training chips, leading the chipmaker to maintain its dominance in the market, causing Micron Technology (MU) stock to decline as their forecast for AI chip sales matched market expectations, showing lack of incremental positive news for investors in the high-bandwidth memory space.
Micron Technology (MU) stock goes down as the forecast for AI chip sales is in line with expectations, contributing to the decline, as investors may have been expecting stronger guidance to fuel further positive sentiment.
|
| 2024-06-27 | -7.12 % |
- Micron Technology (MU) stock went down by 7.12% following the company's third-quarter financial results and guidance report, with Nvidia Corp (NVDA) shares also declining in sympathy with Micron's performance. The stock drop could be attributed to market reactions to Micron's financials and guidance as well as broader market trends affecting tech stocks.
- The article states that Micron Technology's stock (MU) experienced a 7.12% drop last night despite the company beating analyst estimates for earnings per share and revenue in the third quarter of 2024, leading to the stock decline due to potentially other market factors or reactions.
- The article discusses the performance of various stocks in the market, including how Micron Technology (MU) shares decreased by 7.1% after missing profit estimates for its fiscal third quarter and providing a subdued outlook for the current quarter, which raised concerns about near-term demand despite the company's growth driven by high-bandwidth memory chips for AI systems.
- Micron Technology(MU) stock dropped by 7.12% overnight due to disappointing current-quarter forecast, despite beating third-quarter revenue estimates, as investors were concerned about the chipmaker's performance in the AI boom.
- The article provides a brief market update mentioning various stock movements, including Micron Technology (MU) shares going down by -7.12% due to the company reporting third-quarter profit below analysts' estimates and offering soft revenue guidance.
- Summary: The article discusses the fluctuations in Nvidia Corp. shares due to concerns about the durability of demand for AI accelerator chips, impacting Nvidia's stock valuation and competitive risks, with last night's -7.12% drop in Micron Technology Inc. stock underlining AI-related expectations.
Reason for Micron Technology (MU) stock decline: Micron's stock went down due to disappointing forecast, with sluggish demand in traditional markets like personal computers and smartphones overshadowing the boost from AI computing boom.
|
| 2024-06-26 | +0.88 % |
- Micron Technology (MU) stock rose by 3% in premarket trading ahead of the chipmaker's third-quarter earnings report after markets close, driven by investor anticipation of a significant jump in quarterly revenue and strong guidance for the fourth quarter, as the company's partnership with Nvidia in producing memory chips for AI graphic processing units positions it well to share in Nvidia's gains.
- The article discusses how Micron Technology Inc.'s stock, which has been on a $62 billion artificial intelligence-driven rally and is up 65% this year, faced a slight increase of 0.88% recently, and the reason for the surge in stock value can be attributed to positive market sentiment following the company's last quarterly report.
- The article discusses how big tech was negatively impacted by Micron Technology Inc.'s outlook, causing a slip in the Nasdaq 100. Micron's stock went up yesterday by 0.88%, possibly due to the market attempting to broaden beyond mega-cap tech companies and potential lower interest rates in the future, leading to a positive performance forecast for the S&P 500 in the first half of 2024 as high-quality companies with steady growth are expected to lead the market.
- Summarized: Micron Technology (MU) stock was up 0.88% after the company beat third-quarter revenue estimates due to strong demand for memory chips, but its fourth-quarter revenue forecast disappointed investors, leading to a 7.2% drop in extended trading; stock previously rose on investor optimism about benefiting from AI-driven demand, but its forecast did not meet lofty hopes as it was largely in line with expectations.
The micron technology (MU) stock went up as the company beat third-quarter revenue estimates due to strong demand for its memory chips and its exposure to the AI growth sector, with high-bandwidth memory chips being sold out for upcoming years, positioning it well to benefit from the semiconductor demand surge, even though its current-quarter revenue forecast was in line with expectations, disappointing some investors.
- Micron Technology's stock (MU) went up by 0.88% due to robust AI demand, strong execution leading to a 17% sequential revenue growth in the third quarter of fiscal 2024, gaining share in high-margin products like HBM, record high data center SSD revenue, and a positive outlook for fiscal 2025.
- The article discusses Micron Technology (MU) stock, which recently hit a record high and is expected to report earnings after Wednesday's close, with expectations of a gain and revenue figures provided. The stock went up due to strong earnings expectations and technical bullish signals, trading near a new all-time high.
|
| 2024-06-24 | -0.38 % |
- The article discusses Micron Technology (MU) stock going down by -0.38% last night as part of a broader analysis of market trends, rather than providing a specific reason for the decline.
- The article discusses that Micron Technology (MU) stock dropped 0.38% last night, amidst an overall rise in semiconductor stocks led by Nvidia (NVDA) soaring 156% in 2024, with Micron Technology, Broadcom (AVGO), Qualcomm (QCOM), and Applied Materials (AMAT) also experiencing significant increases, attributing the drop in MU stock to likely market fluctuations or profit-taking decisions by investors.
- The article discusses Micron Technology (MU) stock, which received a price target hike to $150 per share from Jefferies analysts and was named a "top pick" by Citigroup, however, the stock declined by -0.38% likely due to overall market conditions or profit-taking.
- The article discusses how Micron Technology (MU) stock experienced early gains after a price target upgrade from a top Wall Street analyst, although it was down by 0.38% the previous night; the stock's fluctuation could be attributed to general market factors, industry trends, or specific company news.
- The article discusses Micron Technology (MU) stock and recent developments, highlighting Cit's positive outlook and price target increase due to anticipation of strong financial results and involvement in AI memory technologies, but the stock went down -0.38% possibly due to a downgrade from Aletheia Capital related to concerns over the execution of Micron's High Bandwidth Memory 3E (HBM3E) and other external factors like legal issues and energy supply concerns.
|
| 2024-06-21 | -3.22 % |
- The article highlights that Micron Technology (MU) stock fell by 3.2% along with other chipmakers like Nvidia (NVDA) due to the recent rally in artificial intelligence expectations faltering towards the end of the week, contributing to the decline in major U.S. equities indexes.
- The article discusses Micron Technology Inc's recent insider trading activity by its CEO, Sanjay Mehrotra, who sold over $5.2 million worth of company's shares, and mentions various analyst adjustments impacting the stock, such as downgrades and upgrades from different firms. The stock went down likely due to concerns over Micron's High Bandwidth Memory 3E (HBM3E) execution, anticipated increases in capital expenditures, patent disputes, and operational concerns raised by regulatory bodies over potential energy supply shortfalls.
- The article discusses the recent drop in Micron Technology (MU) stock along with other large-cap semiconductor stocks due to Thursday's selloff impacting the stock market, particularly among tech companies. The market overall is still bullish, but semiconductor stocks experienced weakness leading to a decline in various tech stocks. The drop in MU stock was influenced by the broader selloff in semiconductor stocks, wherein technical analysts anticipated the continuation of the selloff trend and investors showed indecision. The upcoming focus will be on Micron's earnings report and the PCE number next week to determine market direction.
- Micron Technology (MU) stock went down due to a 3.22% decline in global technology shares, including chipmakers like Qualcomm, Broadcom, Micron Technology, and Arm Holdings, affecting the S&P 500 sector indexes negatively.
|
| 2024-06-20 | -6.03 % |
- The article discusses how Micron Technology (MU) stock has been performing well over the past year, with a total return of 130%, but experienced a 6.03% decline last night, possibly due to market fluctuations or profit-taking by investors.
- The article discusses recent patent infringement cases and damages awarded, with a focus on significant verdicts in the billions. Micron Technology(MU) stock went down likely due to a jury awarding Netlist $445 million for willful infringement of their patents by Micron's products, as a part of an ongoing patent litigation case.
- Micron Technology (MU) stock went down by 6.03% due to a general market decline impacting various tech stocks like Nvidia, Broadcom, Taiwan Semiconductor, and Arm Holdings after big recent gains, while AI laggard Advanced Micro Devices (AMD) made a strong move Thursday.
- The tech sector saw a decline in major U.S. equities on Thursday with shares of Micron Technology (MU) dropping around 6.03% as several chipmakers, including Qualcomm, Microchip Technology, and Western Digital Corp, experienced a decline amid a pullback in the tech sector due to various market factors.
|
| 2024-06-18 | +3.8 % |
- The article discusses the recent performance of semiconductor stocks, with Micron Technology (MU) stock going up by 3.8% last night due to Bank of America raising its price target, calling Micron a "top U.S. memory company" and noting its 13.6% gains over the past week and roughly 80% gains year-to-date, as well as Micron's position as the fourth largest holding in the iShares Semiconductor ETF (SOXX).
- Micron Technology stock (MU) rose by 3.8% last night as the company is bouncing back from previous setbacks, with the stock price having increased by more than 83% over the past year due to recovering demand for its memory chips, particularly driven by the development and spread of artificial intelligence technology, leading to favorable forecasts and improvement in financial performance.
- The article discusses the rise in Micron Technology (MU) stock by 3.5%, reaching a record high, as part of a broader rally in chip stocks such as Nvidia and Qualcomm, which pushed the Philadelphia Semiconductor index to a record high, with the overall market seeing slight gains despite mixed economic data. Micron Technology stock likely went up due to the momentum in the chip sector and positive sentiment surrounding its growth prospects.
- The article discusses how the S&P 500 reached a fresh record high, with a semiconductor rally led by Nvidia becoming the world's most valued company, causing its shares to rise by 4%, and also resulted in an overall increase in other semiconductor stocks such as Qualcomm, Taiwan Semiconductor, and Micron Technology by at least 3%, due to expectations of interest rate cuts this year fueled by lower-than-expected May retail sales data.
|
| 2024-06-17 | +4.58 % |
- Micron Technology (MU) stock rose 4.4% after brokerages raised its price target, contributing to gains in the technology sector, driven by optimism around AI and technology strength, as Wall Street's main indexes rose amidst anticipation of economic data and Federal Reserve comments on monetary policy.
- The article discusses the positive outlook for Arm Holdings (NASDAQ:ARM) stock, with an updated price target of $180 following optimistic growth prospects attributed to accelerated adoption of v9 architecture and market share gains against competitors like Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD), ultimately driving up Micron Technology (NASDAQ:MU) stock by 4.58%.
- Micron Technology (MU) stock rose by 4.58% following a boost in its price target by Bank of America, which recognized the chipmaker as its "top US memory company" due to increased demand for artificial intelligence (AI) semiconductors.
- Micron Technology (MU) stock was 4.58% up last night, and the stock price increase is due to the current phase one of generative AI technology cycle benefiting semiconductor companies, such as Micron, that provide essential building blocks for AI data center functions in the AI investment cycle. This phase is expected to drive over 100% of high-bandwidth memory (HBM) annual demand growth in the next three years.
- The article discusses the upward movement of Micron Technology (MU) stock by 4.58% last night, which was driven by price-target raises from brokerages amidst gains in some chip stocks like Broadcom and Taiwan Semiconductor Manufacturing Co listed in the US, as well as positive sentiments in the tech sector.
|
| 2024-06-13 | +1.7 % |
|
| 2024-06-10 | +2.96 % |
|
| 2024-06-06 | -2.72 % |
|
| 2024-06-05 | +5.58 % |
- Micron Technology (MU) stock went up by 5.6% due to renewed confidence that interest rates are forthcoming, boosting semiconductor stocks like Micron, as well as positive news from Taiwan Semiconductor Manufacturing Company and an overall positive trend in the technology sector.
- The article discusses how Micron Technology, Inc (NASDAQ: MU) stock experienced a 5.58% increase following the announcement of its next-generation GDDR7 graphics memory at Computex event in Taiwan, showcasing higher bit density and improved performance that is likely driving the stock price up.
- Micron Technology (MU) stock went up last night by 5.58% after announcing the sampling of its next-generation GDDR7 graphics memory with 32 Gb/s performance and 60% increased bandwidth, which enhances AI, gaming, and high-performance computing efficiency and reliability, leading analysts to believe that Nvidia's addition of HBM4 support played a role in driving Micron stock upwards as well.
- The article discusses how Samsung Electronics stock rose after Nvidia announced it is certifying Samsung's high-bandwidth memory chips, helping to alleviate concerns about Samsung's lagging development in this area and driving the stock price up by 5.58%. Micron Technology (MU) stock also went up due to Nvidia evaluating their HBM chips alongside Samsung's, with hopes for approval in the coming months.
- The article reports that Micron Technology (MU) stock was up 5.58% last night, and the reason behind this increase could be attributed to Air Liquide's announcement of a $250 million investment to build a new industrial gas plant in Idaho aimed at supplying Micron Technology with ultra-pure nitrogen and other gases, with the facility expected to be operational by the end of 2025.
- Micron Technology's stock (MU) surged 5.58% after announcing the sampling of its high-performance GDDR7 graphics memory at Computex event in Taiwan, leading to increased investor optimism due to technological advancements and growth potential in AI and gaming sectors.
|
| 2024-06-04 | -1.19 % |
- The article outlines that Nvidia Corp. is in the process of certifying Samsung Electronics' high-bandwidth memory chips, and Micron Technology is also being evaluated for this. Micron Technology (MU) stock may have gone down due to concerns about Samsung catching up with competitor SK Hynix in the high-bandwidth memory market, as SK Hynix supplies Nvidia with advanced HBM3 and HBM3e chips, thus impacting Micron's stock performance.
- The article discusses Micron Technology's release of its next-generation GDDR7 graphics memory, offering increased performance, reduced power consumption, and improved reliability for applications like AI, gaming, and high-performance computing. The stock of Micron Technology (MU) went down by -1.19% last night likely due to overall market conditions, investor sentiment, or profit-taking.
- Summary: Micron Technology (MU) stock, along with other chip stocks, went down on Tuesday due to reports of Taiwan Semiconductor Manufacturing Co.'s (TSM) plans to increase prices for its AI chip production services, which led to a negative trend in the semiconductor sector and caused U.S. Big Tech stocks, including Microsoft, Meta Platforms, Alphabet, Apple, and Amazon, to trade lower as well.
Reason for Micron Technology (MU) stock going down: The downward trend in Micron Technology (MU) stock was primarily influenced by reports of Taiwan Semiconductor Manufacturing Co.'s (TSM) intentions to raise the prices of its AI chip production services, impacting the overall semiconductor sector and causing a ripple effect on tech stocks with AI ambitions.
|
| 2024-06-03 | +2.54 % |
|
| 2024-05-31 | -1.02 % |
- The article highlights that Mizuho maintained a Buy rating on Micron Technology (NASDAQ:MU) with a price target increase to $155, predicting potential gains in the second half of 2024 due to increased DRAM/NAND content for devices driven by AI, but the stock went down by -1.02% possibly due to market fluctuations or profit-taking despite positive outlook and strong performance expectations based on Micron's growth trajectory and financial performance over the next few years.
- Summary: The article discusses TD Asset Management Inc's increased position in Micron Technology, Inc. (MU) and other large investors' recent activities, including stock purchases and sales. Micron's stock price decreased by -1.02% last night. The article also provides insights into Micron's recent financial performance, institutional investors' ownership, dividend announcements, and insider trading activities. Several research reports have given positive ratings and target prices for the company. The reason for the stock going down could be attributed to market conditions, investor sentiments, or broader economic factors impacting the semiconductor industry.
Reason for Micron Technology (MU) Stock Going Down: The stock could have gone down due to factors such as market volatility, profit-taking by investors following a previous increase in price, negative news or sentiment in the semiconductor sector, changes in market conditions, reactions to financial data, earnings reports or outlooks, or the influence of external events affecting the market.
|
| 2024-05-29 | -0.82 % |
|
| 2024-05-28 | +2.46 % |
|
| 2024-05-24 | +2.55 % |
- Summary: Micron Technology Inc. (MU) CEO Sanjay Mehrotra executed stock transactions, including selling 7,000 shares and exercising options, leading to a rise in the stock price. The sales were part of an automated trading plan, and Mehrotra retains a significant number of shares.
Reason for stock increase: The rise in Micron Technology's stock price could be attributed to Mehrotra's strategic stock transactions, including selling shares and exercising options, providing insights into the company's financial health and market position, despite some investor skepticism due to valuation metrics reflecting a challenging P/E ratio and a decrease in revenue growth.
- Micron Technology (MU) stock went up 2.55% last night due to increased demand for its chips used in artificial intelligence technology, despite the news that they owe Netlist $445 million in damages for violating Netlist's patent rights related to memory-module technology.
- The article states that Micron Technology (MU) stock went up by 2.55%, likely due to the ongoing demand for its chips used in artificial intelligence technology, despite facing a $445 million damages verdict for patent infringement from Netlist, concerning memory-module technology.
- The article discusses how Micron Technology (MU) stock rose by 2.55% last night due to Samsung Electronics facing challenges with its new high bandwidth memory (HBM) chips that have yet to pass Nvidia's tests for use in AI processors, leading to concerns in the industry and among investors that Samsung could lag behind rivals SK Hynix and Micron in HBM technology.
- The article discusses how Samsung Electronics' stock declined due to its newest HBM chips not meeting Nvidia's standards for AI processors, potentially causing delays in capitalizing on AI industry demand, while Micron Technology's stock rose 2.55% on positive market sentiments and plans to produce advanced HBM chips to meet growing AI demand.
|
| 2024-05-23 | -0.01 % |
- The article discusses how Samsung Electronics' HBM chips have not passed Nvidia's tests for its AI processors due to heat and power consumption issues, which has led to concerns in the industry that Samsung may fall behind competitors like SK Hynix and Micron Technology in HBM technology, potentially impacting Micron Technology (MU) stock.
- The article discusses the US Commerce Department's plan to grant funds to Absolics for constructing a facility in Georgia to supply advanced materials to the semiconductor industry, which could impact stocks like Micron Technology (MU). Micron's stock might have gone down due to competition in the semiconductor industry and increased investment in advanced packaging technologies by other companies.
- The article discusses how Samsung Electronics' HBM chips have not passed Nvidia's tests for use in AI processors due to heat and power consumption issues, leading to concerns that Samsung could fall behind SK Hynix and Micron Technology in HBM. This setback has caused Micron Technology (MU) stock to drop slightly by -0.01% last night.
- The article focuses on Micron Technology (MU) stock with a target of $150, suggesting it as a good pick in the semiconductor industry amidst other popular choices like Nvidia, and the recent -0.01% dip could be due to regular fluctuations in the stock market.
- The article discusses various U.S. stock movers, including Micron Technology (MU) stock, which rose 3.8% yesterday despite other chipmakers struggling to hold onto gains, but last night it was -0.01% down; the reason for Micron Technology (MU) stock going down is not provided in the summary.
- The article reports that the tech-heavy Nasdaq and S&P 500 were up as chip stocks rallied following Nvidia's positive revenue forecast, with Micron Technology (MU) stock and other chip-related stocks also seeing gains; however, Micron Technology stocks went down slightly due to broader market fluctuations.
|
| 2024-05-22 | -0.96 % |
|
| 2024-05-21 | -1.16 % |
|
