Micron Technology (MU) surged 6.8% Monday as anticipation builds for its upcoming fiscal Q1 earnings report, scheduled for release later this week. Despite analyst expectations of an earnings miss, optimism surrounding the memory chipmaker continues to grow. Micron’s stock has already gained 32% year-to-date, outpacing broader market averages. Key drivers of this momentum include [...]
Micron Tech (MU) reported its fiscal Q3 earnings results alongside a forecast for the final quarter of the fiscal year, and shares slid 6% as investors were expecting more. Revenue came in at $6.81 billion for the quarter, which was a whopping 81% improvement year over year. Analysts were expecting $6.61 billion. Meanwhile, earnings [...]
Shares of Micron Technology (MU) surged more than 15% Thursday after the company’s fiscal second-quarter earnings easily beat the consensus, driven by the AI craze. The company doubled down on these results with an upbeat outlook for the road ahead, too. The memory and storage chip manufacturer grew revenue from just $3.69 billion this [...]
It’s been a brutal few years for companies that rely on the chip industry. Automotive and electronics segments have suffered, and it goes without saying that the chipmakers themselves have as well. One such company is Micron Technologies - a Boise, Idaho-based company specializing in the manufacturing of memory & storage chips. But, after [...]
As we reflect on the two consecutive months of stock declines and an intensifying trade standoff, we spring forward, remain focused, and stick to our rules on finding new opportunities to invest.
