Micron Technology

MU

179 Followers

$89.28

-0.49%

-$0.44

19 March

Upcoming Earnings

Market Cap.

P/E

MU Fair Price

$264.38

Undervalued by 07.4%

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Do Kwik

@dokwik

Growing Demand for Memory Chips: Micron Technology, Inc. (MU) at the Forefront of Innovation

1. Micron Technology, Inc. $MU is taking center stage with innovative moves in memory chips and the prospect of a return to the memory shortage era.

2. Company $MU launched HBM3E memory wafers that promise higher performance combined with lower power consumption, which could meet the...
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Wise investor

@wise_investor

🚀 We have a lot of events on the markets this week! 📈

Here's another round-up of what I think will be interesting events for the coming week!

Tuesday:

💻 Nvidia $NVDA GTC2024 (kind of like Apple's Keynote) - At their conference, they'll be showcasing the latest innovations, technologies and lots of exciting news. With the way Nvidia is moving the entire market I recommend...
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Daniela Duong

@danieladuong 9M

Great summary thanks :)

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Wise investor

@wise_investor

10M

🚀 News in the chip world! 🚀

On Monday , theU.S. governmentannounced that it will contribute $1.5 billion to GlobalFoundries $GFS under the Chip Act, boosting domestic manufacturing. Intel $INTC also finds itself in the game with possible subsidies in excess of $10 billion! 💰

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Yorick Ericson

@yorickericson 10M

I'm quite curious how they'll manage to pull off that TSM lead. I've been reading some analysis on the new machines from ASML and it looks like they're more expensive to produce than the ones TSM is currently using and they can't manage to produce everything they have planned for 2030. Even if Intel delivers what they've been promising for a few years now, it's quite possible they'll make less profit on it than TSM. Factoring in the cost of human labor in Taiwan, they're not going to have an easy time getting to their original margins.

I've sold Intel and Micron and only hold TSM with ASML in semis anymore.

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Daniela Duong

@danieladuong

Last week, $MU Micron Technology reported results:

Revenue was $4.01 billion, a 40% year-over-year decline from $6.64 billion (Q4 2022). Net loss was $1.43 billion, compared to a profit of $1.49 billion in Q4 2022.

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Bill Combs

@billcombs 1y

I have the same approach as Matthias. It's definitely an interesting stock, but I probably don't need it in my portfolio.

Like 0 2

Moe Whitehead

@investormoe

What caught my eye today was the movement of $MU stock up 7.5% and they didn't announce any results. I read that they are planning an investment in India, but I couldn't find anything else anywhere. Does anyone know of any news?

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Rickie Reeve

@rickiereeve 1y

Micron Technology has announced plans to invest up to $825 million in a new semiconductor assembly and test facility in Gujarat, India. The factory will be built in Sanand, near Ahmedabad in Gujarat.

The investment is part of the Indian government's efforts to strengthen the country's semiconductor manufacturing capabilities. The government has offered Micron a number of incentives, including 50% fiscal support of the total project cost and incentives representing 20% of the total project cost from the state of Gujarat.

The new factory is expected to create up to 5,000 new direct jobs at Micron and 15,000 jobs in the community over the next few years. Operations are scheduled to begin in 2025.

...That doesn't look bad. Having the government of India on your side is nice.

Like 0 1

Bill Combs

@billcombs

Micron Technology $MU

This company that specializes in chip manufacturing reported its results yesterday.

Revenues : $3.75 billion and $3.69 billion was expected.

Loss per share : $1.43 and $1.57 was expected.