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-0.00079404466501239 -0.000297766749379664 0.000297766749379664 0.00228287841191071 -0.00258064516129023 -0.00685062034739444 -0.00754342431761778 -0.0109181141439205
Stock impact report

Is Micron Stock A Buy After Chipmaker's Quarterly Report? [Investor's Business Daily]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Related news Memory-chip maker Micron Technology ( MU ) was riding high earlier this year on hopes for a semiconductor industry recovery from a cyclical downturn. But then the Covid-19 coronavirus stock market crash sent MU stock tumbling. After the sharp correction, some investors might be wondering: Is Micron stock a buy right now? The memory-chip market hit the skids in the second half of 2018 when sales of smartphones, personal computers, servers and other gear slowed. Memory-chip sales have improved lately and inventories have moderated, but the sector isn't out of the woods yet. Boise, Idaho-based Micron makes two main types of memory chips: DRAM and Nand. Dynamic random-access memory, or DRAM, accounted for 66% of company revenue in the fiscal third quarter ended May 28. Nand flash memory accounted for 31% of Micron's revenue during the period. DRAM chips act as the main memory in PCs, smartphones and other devices, working closely with central processing units. Nand flash prov Show less Read more
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