Micron: An Even Better Buying Opportunity [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations:
investors.micron.com
Company Research
Source: Seeking Alpha
Summary Micron Technology ( MU ) released their results for the third quarter on the 29 th of June. Despite a strong performance and actually doing better than expected, the shares declined significantly in value. Some argue that this is a sign that the stock has risen too far, too fast. I beg to differ with that assumption and believe that the sell-off creates a better opportunity for investors to open a position in Micron if they have not already. Improving results In my last article about Micron , I explained why I did not agree with those who assume that the shares of Micron are overvalued. Everything pointed to improving results in the future which would then create more than attractive valuations at current stock price levels: “The reason for the shifted trend of the financial results has been the strong demand combined with the limited supply for NAND and DRAM solutions. This, combined with the company’s cost cutting efforts, has significantly improved ma
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MU
News
- Biden, Seeking to Build on Fruitful Week, Announces Billions in Chip Grants [The New York Times]The New York Times
- Micron's $6.1B CHIPS Act Funding Propels Major Expansion In US [Yahoo! Finance]Yahoo! Finance
- Huawei-led firms receive Chinese backing to build advanced AI chips: report [Seeking Alpha]Seeking Alpha
- Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants [The New York Times]The New York Times
- Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants [Reuters]Reuters
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 4/25/24 - Form 4
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- MU's page on the SEC website