Micron Technology, Inc. (MU) News
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MU News Highlights
- For MU, its 30 day story count is now at 59.
- Over the past 29 days, the trend for MU's stories per day has been choppy and unclear. It has oscillated between 1 and 13.
- The most mentioned tickers in articles about MU are SSD, SIMO and GM.
Latest MU News From Around the Web
Below are the latest news stories about Micron Technology Inc that investors may wish to consider to help them evaluate MU as an investment opportunity.
Micron price target upped at Evercore as memory products drive upsideCiting the current DRAM and NAND environments, Evercore maintains an Outperform rating on Micron (MU) and raises the price target from $105 to $135.Analyst C.J. Muse notes the growing DRAM shortages and "a more favorable supply/demand environment for NAND."Micron is expected to report earnings at the end of this month. Muse... |
China Revs Up Grand Chip Ambitions to Counter U.S. Blacklistings(Bloomberg) -- In just two decades, China sent people into space, built its own aircraft carrier and developed a stealth fighter jet. Now the world’s youngest superpower is setting out to prove its capabilities once more -- this time in semiconductors.At stake is nothing less than the future of the world’s No. 2 economy. Beijing’s blueprint for chip supremacy is enshrined in a five-year economic vision to be unveiled during a summit of top leaders in the capital this week. It’s a multi-layered strategy both pragmatic and ambitious in scope, embracing aspirations to replace pivotal U.S. suppliers and fend off Washington, while molding homegrown champions in emergent technologies.China wants to build a coterie of technology giants that can stand shoulder-to-shoulder with Intel Corp. and T... |
Why Micron (MU) is Poised to Beat Earnings Estimates AgainMicron (MU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
Micron’s New Crucial X6 External SSD Offerings Deliver Unparalleled Performance, Value and Portability for ConsumersAvailable immediately as part of Crucial’s expanded SSD product portfolio, the high-capacity 4TB and value-priced 500GB Crucial X6 versions enable customers to quickly store more documents, videos, music, photos and gamesKey Benefits: 4TB and 500GB capacities allow users to store all their important documents, videos, music, photos and gamesRead speed up to 800MB/s provides 5.6 times faster access to data and files than traditional portable hard drives1Ultra-compact, lightweight and portable design works seamlessly with consumers’ favorite devicesDesigned to be 6.5-foot [2-meter]2 drop-proof, shock and extreme-temperature-resistantWide range of portable SSD capacities provides customer choice across the Crucial X6 and Crucial X8 product lines BOISE, Idaho, March 02, 2021 (GLOBE NEWSWIRE... |
Warning Signs For Tesla And The Stock MarketLast week’s stock market action has people throughout the market asking questions. I think we always need to respect the market and the directions that it’s taking. The bond market especially is smart. So when rates rise like they do, it’s something we need to pay attention to closely. I... |
Auto DRAM market, dominated by Micron, set for 'explosive' growthThe average DRAM content in vehicles will surpass 30% CAGR in the next three years, according to a new TrendForce report. Automotive memory accounted for less than 2% of total DRAM consumption in 2019, but the high-margin space is growing more competitive due to the "explosive" demand.DRAM has a variety of... |
Micron Price Rises With DRAM PriceAs a result of COVID-induced WFH, Micron Technology’s (MU) revenue growth has been mainly DRAM (Dynamic Random-Access Memory,70% MU's revenue) driven by robust end market growth in cloud, mobile, auto, gaming, and PC. The outlook for mobile in 2021 is strong with a multiplicative effect from the higher DRAM content... |
Biden Seeks $37B In Congress Funding To Counter Chip Crisis: ReutersPresident Joe Biden said aims $37 billion in funding from Congress to counter the U.S. semiconductor chip crisis that has affected the U.S. automakers , including Ford Motor Co (NYSE: F ) and General Motors Co (NYSE: GM ) and other manufacturers, including Intel Corp (NASDAQ: INTC ), Qualcomm Inc (NASDAQ: QCOM ), Micron Technology Inc (NASDAQ: |
Making chips need water & Taiwan has a droughtTurns out, semiconductor manufacturing doesn’t just require multi-billion dollar factories and a lot of smarts, it also takes water. Gallons and gallons of it for every single chip. Better hope there’s no drought.Oops, too late.Just as world leaders, and auto companies, start to panic about a shortage of components, the global center of chipmaking is facing water restrictions that could impact Taiwan’s most important export. Not only is this 500 kilometer stretch of land at the edge of the Pacific home to now-famous Taiwan Semiconductor Manufacturing Co., but it also hosts factories run by Micron Technology Inc., United Microelectronics Corp., Vanguard International Semiconductor Co. and many more. They all make chips that go into everyday products like smartphones, games consoles and c... |
Biden's Set To Sign Executive Order To Chip Shortages, Supply-Chain Crisis: WSJPresident Joe Biden is close to signing an executive order reviewing supply chains for critical materials, including semiconductors to pharmaceuticals and rare-earth minerals, the Wall Street Journal reports . The global semiconductor chip crisis has compelled U.S. automakers, including Ford Motor Co (NYSE: F ) and General Motors Co (NYSE: GM ) and other manufacturers, to opt for production holidays. Recently a group of U.S. chip companies , including Intel Corp (NASDAQ: INTC ), Qualcomm Inc (NASDAQ: QCOM ), Micron Technology Inc (NASDAQ: MU ), and Advanced Micro Devices Inc (NASDAQ: Full story available on Benzinga.com |