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Micron Prepares To Slap Tariff-Related Charge On Customers [zero hedge]

Micron Technology, Inc. (MU)  More Company Research Source: zero hedge
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Micron Prepares To Slap Tariff-Related Charge On Customers President Trump's targeted reciprocal tariffs on countries with which the U.S. runs its largest trade deficits will take effect at 12:01 a.m. ET on Wednesday. In anticipation of the next round of tariffs , U.S. memory chipmaker Micron Technology plans to impose a tariff surcharge on customers. Four sources familiar with the situation told Reuters that these incoming tariffs have prompted Micron to issue a surcharge on some products starting Wednesday. Here's more color: The company notified its customers in a letter that while Trump's announcement last week exempted semiconductors, which account for part of Micron's portfolio, the tariffs applied to memory modules and solid-state drives (SSDs), the sources said. Those products, used to store data in various products from cars to laptops and data center servers, would now be subject to a surcharge, they said. Micron's overseas factories are spread out across Asia, including Chi [Read more]
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Stockreport

Micron Prepares To Slap Tariff-Related Charge On Customers [zero hedge]

Micron Technology, Inc.  (MU) 
More Company Research Source: zero hedge
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Micron Prepares To Slap Tariff-Related Charge On Customers President Trump's targeted reciprocal tariffs on countries with which the U.S. runs its largest trade deficits will take effect at 12:01 a.m. ET on Wednesday. In anticipation of the next round of tariffs , U.S. memory chipmaker Micron Technology plans to impose a tariff surcharge on customers. Four sources familiar with the situation told Reuters that these incoming tariffs have prompted Micron to issue a surcharge on some products starting Wednesday. Here's more color: The company notified its customers in a letter that while Trump's announcement last week exempted semiconductors, which account for part of Micron's portfolio, the tariffs applied to memory modules and solid-state drives (SSDs), the sources said. Those products, used to store data in various products from cars to laptops and data center servers, would now be subject to a surcharge, they said. Micron's overseas factories are spread out across Asia, including Chi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MU
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS