Stockreport
Micron Stock: 1 Reason to Buy and 1 Reason to Stay Away [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Demand for the high-speed memory used in AI accelerators is soaring, the PC market has bottomed out and returned to growth, and memory chip prices are recovering. Micron's earnings report for the third quarter of fiscal 2024 beat expectations, but the stock sank as investors digested an outlook that was in line with analyst estimates. With shares of Micron dipping from their recent high, is it time to buy the hot AI stock? Reason to buy: AI is helping in more ways than one The immediate impact of the AI revolution for Micron is increased demand for high-bandwidth memory (HBM), a type of memory chip that's commonly used in AI accelerators . While it was a bit late to the HBM party, the company is now ramping up production. HBM revenue topped $100 million in the third quarter, and it's growing fast. In fiscal 2015, Micron anticipates a few billion dollars in revenue from HBM. Demand is so strong that Micron is sold out of these chips through the end of calendar year 2025, and pr
[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