Micron target boosted on NAND improvement [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Seeking Alpha
Micron target boosted on NAND improvement - Micron Technology, Inc. (NASDAQ:MU) | Seeking Alpha Tech Micron target boosted on NAND improvement Sep. 20, 2019 7:53 AM ET | Micron Technology, Inc. (MU) Brandy Betz JPMorgan raises its Micron (NASDAQ: Analyst Harlan Sur says NAND chip pricing "was better than our prior expectations," and DRAM chips were "relatively in-line with our expectations." The firm expects a H2 "spending inflection in cloud data center" plus strong demand for gaming, PCs, and smartphones. Micron reports earnings on September 26 and Sur thinks the next quarter will "mark the trough in overall gross margins." Rating affirmed at Overweight. Micron has an Outperform average Sell Side rating MU shares are up 0.8% Click to subscribe to real-time analytics on MU Now read: Micron: Assessing The Direction Of Memory Prices » Subscribe
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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