Stockreport
Is This Semiconductor Stock a Better Artificial Intelligence (AI) Buy Than Nvidia Right Now? [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
processing units (GPUs), which are being deployed in data centers to train large language models (LLMs) such as ChatGPT, leading to tremendous growth in the company's revenue and earnings. As a result, shares of Nvidia have set the market on fire in the past year, nearly tripling in value. This explains why Nvidia stock is now trading at an expensive 72 times trailing earnings. However, there is another company that is witnessing a terrific jump in revenue and earnings thanks to the growing adoption of AI, and it is much cheaper than Nvidia. Micron Technology (NASDAQ: MU) released its fiscal 2024 third-quarter results (for the three months ended May 30) on June 26, and the company reported a big jump in revenue and earnings. Let's see how AI is supercharging Micron's growth and check if it is a better AI stock to buy right now over Nvidia. Micron Technology is stepping on the gas Micron's fiscal Q3 revenue increased an impressive 81% year over year to $6.8 billion. More import
[Read more]
IMPACT SNAPSHOT | EVENT TIME: | MU | ||||
---|---|---|---|---|---|---|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
LAST PRICE | ||
VWAP | ||
High:
|
MAX UP |
High:
|
Low:
|
MAX DOWN |
Low:
|
%
|
POST NEWS RANGE |
%
|
|
PRICE CHANGE |
|
|
PRICE CHANGE PERCENTAGE |
|
|
S&P 500 (SPX) |
|
%
|
VOLUME RATIO |
%
|
VOLUME (SHARES) | ||
TICKS | ||
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
MU alerts
MU alerts
from News Quantified
Movers & Shakers
The biggest gainers and losers and WHY it moved
MU alerts
High impacting Micron Technology, Inc. news events
Weekly update
A roundup of the hottest topics
MU
NEWS
NEWS
- Investing In Micron: Riding The Upturn In The Memory Chip Market [Seeking Alpha][Seeking Alpha]
- Micron Technology: An Outrageous AI Growth Bargain [Seeking Alpha][Seeking Alpha]
- Micron Technology (MU) Launches High-Performance SSD, Baird Adjusts Price Target to $150 While Maintaining Outperform Rating [Yahoo! Finance][Yahoo! Finance]
- A Cultural Gateway to China's Rich Heritage: "The Great Art of Dunhuang" Exhibition Opens in Shanghai [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Lombard Odier IM's Asia-Beating Fund Trims AI Play That Drove Its Boom [Yahoo! Finance Canada][Yahoo! Finance Canada]
- More
MU
SEC Filings
SEC Filings
- 10/4/24 - Form 10-K
- 10/2/24 - Form 4
- 9/30/24 - Form 4
- MU's page on the SEC website
- More