Should You Buy Micron Stock After the Dip? Wall Street Has a Clear Answer for Investors. [Yahoo! Finance]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations:
investors.micron.com
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Source: Yahoo! Finance
Despite this success, the stock is currently down by almost 32% from those highs. Investors were disappointed with the company's fiscal 2024 third-quarter results (ended May 30), especially AI sales which fell short of lofty expectations. Furthermore, geopolitical and supply chain challenges plaguing the overall semiconductor industry also did not help overall investor sentiment for Micron. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The difficult days, however, may now become a thing of the past. Micron came out with impressive results for its fiscal 2024's fourth quarter (ended Aug. 29) in late September, with revenue and earnings beating analysts' estimates. The company has been a major beneficiary of the explosive demand for memory and data storage products in various applications such as high-performance computing, autonomous driving, data analytics, and complex AI models. This is evident considering that the
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MU
News
- Micron Technology to Report Fiscal First Quarter Results on December 18, 2024 [Yahoo! Finance]Yahoo! Finance
- Micron Technology to Report Fiscal First Quarter Results on December 18, 2024GlobeNewswire
- Nvidia shares slump 3% in premarket as quarterly revenue growth slows [CNBC]CNBC
- Micron (MU) Stock Moves 0.65%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Here's Why Micron Technology (MU) Detracted in Q3 [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 9/25/24 - Beat
MU
Sec Filings
- 10/30/24 - Form 8-K
- 10/23/24 - Form 4
- 10/22/24 - Form 4
- MU's page on the SEC website